The Latest Breaking News from Deficit

The NSW budget has plunged $1.3 billion further into deficit out to the 2023/24 financial year, according to a Treasury update released ahead of the election.

Mr Biden’s budget proposal will reportedly cut $3 trillion from the US budget deficit

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?