The Latest Breaking News from Deficit

President Joe Biden’s upcoming budget proposal aims to cut deficits by nearly $3 trillion over the next decade

President Joe Biden’s upcoming budget proposal aims to cut deficits by nearly $3 trillion over the next decade

UBS has upgraded its GDP growth forecast for the country to 5.4% for 2023 and 5.2% for 2024

Spurs must overturn a first-leg deficit to keep their season alive

Facing a one-goal deficit in the round of 16 second leg, the Blues overcame their scoring drought—and found some luck—for an inspiring win over Borussia Dortmund.

A SCOTTISH economist is calling for alternative GERS figures to be produced after concluding an independent Scotland could walk into a surplus of…

Everything is still to play for as Chelsea look to turn around a one-goal deficit against Borussia Dortmund and secure a place in the Champions League quarter-finals

WASHINGTON — President Joe Biden on Tuesday said he’ll propose increasing taxes on some upper-income business owners and expanding prescription drug cost controls enacted in last year’s budget reconciliation package as a means of lowering federal deficits and extending Medicare’s solvency.

California has experienced significant population loss in recent years — but is a decline in residents to blame for the state’s budget deficit?

Plan would increase taxes on some upper-income business owners to reduce federal deficits, extend Medicare's solvency.

WASHINGTON — Congressional Budget Office Director Phillip L. Swagel will brief House members Wednesday on the agency’s budget and economic outlook as lawmakers consider whether to adjust spending levels in conjunction with lifting the debt limit.