The Latest Breaking News from Deficit

Trump's New Tariff Plan Still Asserts a Crisis That Does Not Exist

The president’s invocation of Section 122 conflates a trade deficit with a balance-of-payments deficit.

Reason · Mar 11

Colorado Emergency Session: Lawmakers Scramble to Close a $750 Million Budget Hole

When state governments suddenly face massive budget gaps, the decisions that follow can affect everything from healthcare programs to taxes and public services. That’s exactly...

Saving Advice · Mar 10

The U.S. borrowed $50 billion a week for the past five months, finds the CBO: 'Our fiscal problems will not solve themselves'

"We need policymakers to come together, agree to reduce deficits ... and put our national debt on a downward sustainable path as a share of the economy."

Fortune · Mar 10

Democratic attorneys general challenge Trump's newest tariffs

A group of Democratic attorneys general filed a lawsuit Thursday challenging the tariffs President Donald Trump adopted last month.

Roll Call · Mar 5

What does a house mean to you? We asked some women who head households in South Africa

South Africa’s new democratic government inherited a 1.5 million housing backlog in 1994, which it has been struggling to close. The current national deficit stands at 2 million.

The Conversation · Mar 5

Girls are believing less and less that they can reach the top levels of sport – how can we bridge the 'dream deficit'?

Women in Sport found that girls are experiencing dropping aspirations when it comes to believing they can reach the top of their sports. What's cycling doing about it?

Cycling Weekly · Mar 5

Here’s Warren Buffett’s Plan To Eliminate America’s Debt ‘in 5 Minutes’ — What Do You Think?

In an interview, Buffett said, "I could end the deficit in five minutes." Could his plan work?

GOBankingRates · Mar 4

Sky-high teacher salaries push Oakland schools toward $50M deficit, Board member sounds alarm

A massive teacher pay raise in Oakland has put the cash-strapped school district on edge, with one board member calling the deal “financially impossible.”

The Times of India · Mar 3

The mountain Yamaha has to climb with its V4-powered MotoGP contender

Statistics from the Thailand Grand Prix shows how far away Yamaha is after switching to an all-new V4 engine

Motorsport · Mar 3

Cuba Faces Up to 20-Hour Daily Blackouts as Electricity Shortfall Hits Record Levels

Cuba is bracing for power outages affecting almost two-thirds of the population during peak demand hours, as the state utility projects an electricity deficit of almost 2,000 megawatts, the highest level of disconnection recorded since systematic energy data began in 2022.

Latin Times · Mar 3