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The Latest Breaking News from Deficit

The problem with Trump's tariff promises: not enough money

Trump's promised debt reduction, deficit reduction, $2,000 dividend checks and farm bailouts with the money.

Axios

Rand Paul Slams GOP's Shift From Fiscal Conservatism: They Voted To Add '$5 Trillion' To The Debt Ceiling — Calls It 'Decimation'

Sen. Rand Paul (R-Ky.) slammed the Republican Party for abandoning the fiscal discipline it once championed, while accusing his colleagues of embracing massive governmental deficits and greenlighting spending levels they previously opposed.

Benzinga

CBO slashes tariff deficit forecast, complicating Trump's $2,000 checks

Senate Republicans would rather the tariff money go toward deficits than dividends.

Axios

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Trump's retreats on tariffs have already wiped out $800 billion of expected deficit reduction, CBO estimates

The Congressional Budget Office is projecting $2.5 trillion of deficit reduction over 11 years, down from its $3.3 trillion projection in August.

Fortune

Trump's $2,000 tariff checks shunned by Senate Republicans

"I think we should pay down the deficit."

Axios

U.S. trade deficit drops 24% in August as Trump's tariffs reduce imports

The U.S. trade deficit fell by nearly 24% in August as President Donald Trump’s sweeping global tariffs pushed imports lower

The Independent UK

ADHD: even one bout of physical activity might help kids better learn in school

Attention deficit hyperactivity disorder (ADHD) is the most common disability diagnosis in children globally. It’s estimated to affect around 8% of children aged 3-12 years, and around 6% of teenagers aged 12-18 years.

The Conversation

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Are New Trump $2,000 Stimulus Payments Coming in 2026? What to Know Now

A promise of $2,000 tariff dividend checks is raising questions and fueling confusion.

Kiplinger

The 'Emergency' That Demanded Huge Tariffs on Swiss Imports Is Now Over. So What Was the Emergency?

Trump's decision to reduce the tariffs on Swiss goods came just days after a Swiss delegation lavished the president with a variety of expensive gifts.

Reason

Sugar Prices Fall on ISO's Forecast for a Sugar Surplus

March NY world sugar #11 (SBH26 ) today is down -0.16 (-1.07%), and March London ICE white sugar #5 (SWH26 ) is down -7.70 (-1.81%). Sugar prices are lower after the International Sugar Organization (ISO) today forecast a 1.625 million MT surplus in 2025-26, following a 2.916 million MT deficit...

Barchart

Can Klingbeil Fix Germany's €87B China Trade Crisis in Beijing?

Germany faces a record €87bn trade deficit with China, signalling a deepening crisis for its auto industry as geopolitical tensions and competition intensify.

International Business Times UK

Trump Unveils $200 Billion Trade Deal With Switzerland And Liechtenstein To Cull $38.5 Billion US Goods Deficit By 2028

President Donald Trump announced a framework for a trade deal with Switzerland and Liechtenstein on Friday, aiming to eliminate the $38.5 billion goods trade deficit by 2028 and securing pledges for at least $200 billion in U.S. investment.

Benzinga

Portland State Illegally Fired 10 Professors — Arbitrator Orders University to Give Them Their Jobs Back

Independent arbitrator ruled November 6 that Portland State University violated faculty union contract when laying off 10 non-tenure-track professors to close $18 million deficit. PSU must restore jobs and make faculty "whole." University saved $12.3 million from cuts but now faces second labor violation in two months, with $35 million…

International Business Times

France's National Assembly overwhelmingly votes to suspend controversial pension reform

Some of France's European partners have been watching the political turmoil closely as the country struggles to rein in a budget deficit which has become the largest in the euro zone.

Euronews

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The Conversation

Could exercising while losing weight preserve your muscles and help keep them ‘young’?

When we lose weight, we don’t just lose body fat – we lose muscle, too.

Euronews

Thousands march through Bucharest in protest against austerity measures

The rally was organised by the National Trade Union Bloc, made up of dozens of professional federations and comes as Romania’s government pursues measures to reduce the budget deficit.

The Independent UK

Thousands protest in Romania's capital against government austerity measures

Thousands of protesters have marched in Romania’s capital demanding higher wages and measures to curb inflation as the government pursues austerity measures to tackle the large budget deficit

Reason

Tariff Stimulus Checks Are an Unserious Idea

Trump is living in a fiscal fantasy land.

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news in one place.

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Benzinga

Trump's Tariff Revenue Inadequate To Cover His $2,000 Dividend Plan, Warns Tax Expert: 'No Leftover...'

President Donald Trump expressed support for providing Americans with $2,000 in tariff dividend checks, though experts note that the source of funding for the plan remains unclear.

Autosport

How a potential F1 Brazil GP pole got away from Leclerc – and Antonelli

Lando Norris learned from a first-corner blunder on his first Q3 run to take pole position in Sao Paulo – but both Charles Leclerc and Andrea Kimi Antonelli clawed back time from him, and the Ferrari was briefly ahead

The Guardian - US

Carney survives two confidence votes on budget, quashing fears of winter election

Minority government benefitted from opposition members voting across the aisle, paving way for billions in spending

Autosport

Why Porsche hasn't given up on the WEC titles despite its Bahrain longshot

Porsche is confident it can fight for both World Endurance Championship titles at the Bahrain finale despite a significant points deficit to overhaul and an unfavourable Balance of Performance. Here's how the championship picture is framed going into this weekend

Benzinga

Canada 'Abandons Market Economics' With A New Critical Minerals Budget

Canada’s 2025 federal budget commits billions to expanding the mining sector even as the government projects a 78.3 billion Canadian dollar ($55.3 billion) deficit for the fiscal year ending March 31. The plan includes major funding and tax incentives aimed at positioning the country as a leading global supplier of…

The Conversation

Three reasons why so many economists disagree with Donald Trump’s tariffs

Tariffs on imports have been at the heart of Donald Trump’s economic policy since the start of his second term in the White House. And while the president believes that tariffs will be beneficial to the US economy, many eminent economists disagree. Here are three reasons why.

Reason

Trump's Economic Fallacies Are Legally Relevant in His Tariff Case

Trade deficits are not a "national emergency," and the president's import taxes won’t reduce them.

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