The Latest Breaking News from Deficit

Australia's luck running out despite budget bright spot

Australia's budget deficit for last financial year ended up being narrower than expected but younger workers will still be on the hook for a decade of red ink.

AAP · Sep 28, 2025

Keegan Bradley vows to ‘stick to the plan’ after tough Ryder Cup opening day

The captain saw his US team slip to a 5.5-2.5 deficit after a ruthless European side took control of the competition.

The Independent UK · Sep 27, 2025

Copper Market Shaken By Grasberg Disruption, Goldman Slashes Projections

The copper market has been jolted by disruptions at Indonesia’s Grasberg mine, with ripple effects spreading across supply forecasts and price expectations. With the mine operator declaring force majeure, Goldman Sachs slashed its mine supply outlook for 2025 and 2026, turning a projected surplus into deficit territory.

Benzinga · Sep 26, 2025

I have now been a journalist for 40 years. The forces ranged against my profession have never been so powerful

Once, I believed that humanity’s problem was an information deficit. Now, I know you can’t speak truth to power if power controls your words, says Guardian columnist George Monbiot

The Guardian - UK · Sep 20, 2025

UK borrowing hits five-year high for August at £18bn

Worsening public finances mean Rachel Reeves will almost certainly announce tax rises in November budget

The Guardian - UK · Sep 19, 2025

Milei Raises Government Spending While Pledging Zero Deficit

With midterms ahead, Milei promises more funding for pensions, health, and education.

Reason · Sep 18, 2025

Permanent health tax credit extension would insure 3.8 million: CBO - Roll Call

Democrats are urging action to avoid the year-end expiration of expanded subsidies for buying health insurance on government-run exchanges.

Roll Call · Sep 18, 2025

Why Bessent's Tariff Talk Puts Dollar-Sensitive Stocks On Edge

Stanley Druckenmiller's protégé, Treasury Secretary Scott Bessent, is stirring fresh debate on Wall Street with his latest read on tariffs and trade in a CNBC Squawk Box interview. At first glance, a narrowing U.S. trade deficit with China looks like a policy win, but Bessent warns it could have unintended…

Benzinga · Sep 16, 2025

Primark owner delivers warning to Rachel Reeves over ‘mistaken’ rate changes

Chancellor Rachel Reeves faces the daunting task of boosting Treasury revenues to address a potential £40 billion deficit in state finances

The Independent UK · Sep 14, 2025

Labor Economist Says Elon Musk Paying Full Social Security Taxes For One Year Could Cut Deficit 5%—So I Asked ChatGPT What Would Really Happen

Nowadays, everyone's trying to get answers out of AI. Ask it to plan a vacation, write a press release, fix a résumé—it'll do all that. But what about when you ask economic questions?

Benzinga · Sep 14, 2025