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Why the Economy Cannot Cut the Budget Deficit

It is plain that the only thing that can start to begin to push the deficit down is an economy so strong that it causes a surge in federal government receipts. The argument has been made before and........»»

Category: blogSource: 247wallstOct 16th, 2018

Brazil Signals Hawkish Approach on Its Big Budget Deficit

Brazil’s president-elect has put together a team of fiscal hawks to lead the economy, winning cautious approval from markets worried about the country’s ballooning debt......»»

Category: topSource: wsjNov 17th, 2018

Italy Backs Down: Yields Slide As Populists Cave On Deficit Target

Update: In a statement from the Italian economy ministry, Tria said he and the European Commission Vice Chairman Valdis Dombrovskis are looking to strike a deal on the Italian budget. The u.....»»

Category: blogSource: zerohedgeDec 3rd, 2018

American budget deficit to top $1 trillion: How that affects your money

Ballooning debt could come back to haunt the U.S. economy......»»

Category: topSource: moneycentralJan 7th, 2019

U.S. posts another budget deficit as tax revenues sag

The U.S. federal government ran a $14 billion budget deficit in December as revenues sagged following last year's tax cuts even as the economy appeared strong, Treasury Department data showed on Wednesday......»»

Category: topSource: reutersFeb 13th, 2019

Greenspan warns U.S. budget deficit will ultimately lead to higher inflation

Former Federal Reserve Chairman Alan Greenspan warned Thursday that the $1 trillion deficit will breed inflation in the economy......»»

Category: topSource: marketwatchFeb 28th, 2019

Greenspan issues a warning about the US budget deficit

Former Federal Reserve Chairman Alan Greenspan warned Thursday that the $1 trillion deficit will breed inflation in the economy......»»

Category: topSource: moneycentralFeb 28th, 2019

Greenspan issues a warning about the US budget deficit

Former Federal Reserve Chairman Alan Greenspan warned Thursday that the $1 trillion deficit will breed inflation in the economy......»»

Category: topSource: moneycentralFeb 28th, 2019

WSSU eliminates 55 positions as it faces a $3.3 million budget deficit, more layoffs potentially on horizon

Winston-Salem State University will eliminate 55 .....»»

Category: topSource: bizjournalsMay 2nd, 2024

California in a jam after borrowing billions to pay unemployment benefits

California's massive budget deficit, coupled with the state's relatively high level of joblessness, has become a major barrier to reducing the billions of dollars of debt it ha.....»»

Category: topSource: latimesApr 18th, 2024

U.S. budget deficit widens to record $1.9 trillion over first seven months of fiscal year

This is a Real-time headline. These are breaking news, delivered the minute it happens, delivered ticker-tape style. Visit www.marketwatch.com or the quote page for more information about this breaking news......»»

Category: topSource: marketwatchMay 12th, 2021

Economic Report: U.S. trade deficit climbs 5.6% to record $74.4 billion amid American craving for imported goods

The U.S. trade deficit rose 5.6% in March to a record $74.4 billion, reflecting a seemingly insatiable appetite among Americans for consumer goods such as toys, clothes, cell phones, home furnishings as the economy gains speed......»»

Category: topSource: marketwatchMay 4th, 2021

US budget deficit jumps to an all-time high of $1.7 trillion

The U.S. government’s budget deficit surged to an all-time high of $1.7 trillion for the first six months of this budget year.The U.S. government’s budget deficit surged to an all-time high of $1.7 trillion for the first six months of this budget year......»»

Category: topSource: chicagotribuneApr 13th, 2021

: U.S. budget deficit soars to $660 billion in March after stimulus checks are sent out

The U.S. budget deficit skyrocketed in March after the government approved a $1.9 trillion coronavirus-relief package that included $1,400 stimulus checks for most Americans......»»

Category: topSource: marketwatchApr 12th, 2021

U.S. budget deficit jumps 454% to $660 billion in March

This is a Real-time headline. These are breaking news, delivered the minute it happens, delivered ticker-tape style. Visit www.marketwatch.com or the quote page for more information about this breaking news......»»

Category: topSource: marketwatchApr 12th, 2021

: U.S. trade deficit jumps 4.8% to record $71.1 billion as Americans snap up imports

The U.S. trade deficit with other countries jumped almost 5% in February to a record $71.1 billion, as a rapidly recovering economy enabled Americans to buy more imported goods and services......»»

Category: topSource: marketwatchApr 7th, 2021

Forecast: Improving economy gives Colorado legislators much bigger budget for next year

The effect of the recently passed federal stimulus plan and increasing coronavirus vaccinations caused Colorado Legislative Council economists to add $571 million to their forecast for this year's budget — and $665 million more to next year's fiscal plan......»»

Category: topSource: bizjournalsMar 20th, 2021

U.S. budget deficit widens to $311 billion in February vs $235 billion year-earlier

This is a Real-time headline. These are breaking news, delivered the minute it happens, delivered ticker-tape style. Visit www.marketwatch.com or the quote page for more information about this breaking news......»»

Category: topSource: marketwatchMar 10th, 2021

Biden’s $15 minimum wage: Would it lift up the poor or kill jobs?

The Biden administration has cast its campaign to raise the minimum wage as a way to aid the working poor, reduce financial inequality and boost the economy. But the Congressional Budget Office estimated it would also end .....»»

Category: topSource: chicagotribuneFeb 17th, 2021

UGA athletics projects lower budget deficit in 2021 despite dip in revenues

The University of Georgia's athletics program managed to absorb the financial hit of the pandemic thanks to cost-cutting measures and donations......»»

Category: topSource: bizjournalsFeb 16th, 2021

CBO Projects A Smaller Budget Deficit This Year... But There Is A Catch

CBO Projects A Smaller Budget Deficit This Year... But There Is.....»»

Category: personnelSource: nytFeb 11th, 2021