The Latest Breaking News from Deficit

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A state government is hanging its hat on potential asset sales and a public sector "efficiency unit" as means to pay down ballooning budget debt.

Editorial: The Republican budget proposal is a gift to plutocrats. Democrats should clearly make the case for deficits to work for the people

Few words spark more anxiety in public debate than “national debt” and “government deficit.” National debt is the total amount of money the government owes, accumulated over years of running deficits. Government deficit is when the government spends more money than it collects in taxes and other revenues.

Republican Sen. Rand Paul said Trump's spending and tax cut bill would "explode the debt." Ron Johnson said the bill won't pass "until the president gets serious about spending reduction and reducing the deficit."

The senator from Kentucky says Trump's cost-cutting bill will actually supercharge the deficit

Kristoffer Reitan fired a nine-under-par course record of 62 at Rinkven International Golf Club, overcoming a nine shot deficit in the process

Prominent US senators warn Trump to ‘get serious’ about addressing budget deficit or they will block ‘beautiful bill’

Norway's Kristoffer Reitan broke the course record at Rinkven International and then won his first DP World Tour title in a playoff at the Soudal Open