The Latest Breaking News from Deficit

President’s allies say deficit is going down, but predictions for 2026 still range as high as $2.2 trillion

On paper, the economy is growing and unemployment is low. But federal government policymakers are behaving like there is an imminent crisis.

Public finances figures contain no shocks but will underline need for either hefty tax rises or spending cuts

Rising debt interest and welfare costs push public finances deeper into red before Rachel Reeves’s budget

After the summer break, the end of Max Verstappen's run of titles looked almost certain - but now, he's back in the game after cutting Oscar Piastri's lead down by 64 points in the past four races

Verstappen has reduced the deficit to Piastri at the top of the F1 leaderboard

This week on The Sound Kitchen, you’ll hear the answer to the question about France’s budget deficit. There’s a lovely French poem, your answers to the bonus question on “The Listener’s Corner” with Paul Myers, and a perfect musical dessert from Erwan Rome on “Music from Erwan”. All that and…

France is a major industrial power, the world’s seventh-largest economy

The US budget deficit narrowed just slightly over the past year, official data showed Thursday -- despite a surge in customs revenues, which hit a record as President Donald Trump imposed wide-ranging tariffs since January.