French Finance Minister Roland Lescure said the 2026 deficit could exceed 5.4% of economic output after parliament failed to ...

California will face a nearly $18 billion budget deficit in the new fiscal year due to higher than expected spending, despite an economic boon largely driven by AI enthusiasm and strong revenue, the ...

The EU’s Economic and Financial Affairs Council on Tuesday decided to launch an excessive deficit procedure for Finland after its state deficit breached the limits set under EU fiscal rules.The ...

Discover how the U.S. federal budget works, its role in government spending, and its historical evolution, including details ...

The Rules Committee must suggest rule changes to help meet the target, including making budget rules more difficult to waive ...

Union Finance Minister Nirmala Sitharaman is all set to present the Union Budget for the financial year 2026-2027 on February ...

BofA projects a modest reduction in the deficit to 4.3% of GDP in FY27, signaling a pause in aggressive consolidation and a ...

The gloomy story of Europe’s economic struggles is easily told. A model based on American protection, Chinese demand, Russian energy and rules-based globalisation cannot thrive in a world where ...

SPOKANE, Wash. — The City of Spokane is facing a $13 million budget deficit, which city leaders say is being driven by slowing economic conditions, rising costs and outside financial pressures.

The resolution expresses the sense of the House of Representatives that the United States should reduce and maintain the federal unified budget deficit at or below 3% of GDP while acknowledging that ...