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The Latest Breaking News from Deficit

Alan Kohler: Paying for AUKUS? Spending like Europe means taxing like Europe

Before the next election, Treasurer Jim Chalmers must find a way to credibly restore a balanced budget. This means new and higher taxes.

The New Daily

England suffer record defeat after being overwhelmed by France in Six Nations

Steve Borthwick’s men trailed 27-3 at half-time – their highest interval deficit at Twickenham in any fixture.

The Independent UK

Kraken rally vs. Senators but still see 5-game winning streak come to an end

SEATTLE — The Seattle Kraken erased a three-goal deficit and even led the Ottawa Senators before falling in regulation, 5-4. Their five-game win streak came to a strange end Thursday night at Climate Pledge Arena.

Tribune News Service

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White House budget blueprint would raise taxes, boost spending

WASHINGTON — President Joe Biden unveiled a $6.9 trillion budget blueprint Thursday that promises to cut projected deficits and safeguard cherished entitlement programs for seniors as he confronts a new Republican-controlled House for the first time in his presidency.

Tribune News Service

Biden to propose tax hike on billionaires’ investment income in 2024 budget

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

The Independent UK

White House blueprint would raise taxes, boost spending - Roll Call

Proposals in Biden's $6.9 trillion budget would boost spending for child care and housing, and to make college more affordable.

Roll Call

Biden unveils his budget plan in a campaign-style speech. Here's what is in it

President Biden is using his budget to show how he could cut the deficit and still fund his pledges like universal preschool, paid leave and more childcare funding.

WEKU

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Editorial: The cynical facade of Joe Biden the deficit fighter

President Joe Biden likes to pass himself off as a deficit slayer, which is a bit like Monty Python’s Mr. Creosote claiming to be an avid dieter.

Tribune News Service

Biden budget seeks big deficit cuts in challenge to GOP

President Joe Biden is ready to unveil his proposed federal budget, his opening offer in a high-stakes debate about federal finances

The Independent UK

NSW budget deficit blows out by $1.3b over two years

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.

The New Daily

Biden looks to back GOP into corner with deficit-slashing budget plan

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

The Independent UK

Report: Celtics’ Grant Williams playing through injury since mid-February

To what extent it has affected his play on both ends of the court is not clear, but it has opened up playing time for other frontcourt players to try and help fill his production deficit while dealing with the injury.

USA Today Sports Media Group

Tottenham 0-0 AC Milan LIVE! Spurs crash out - Champions League result, match stream, latest updates today

Spurs crash out of the Champions League after a goalless second leg

Evening Standard

Biden budget aims to cut deficits by nearly $3 trillion over 10 years, source says

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

The Independent UK

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The Independent UK

Biden budget aims to cut deficits nearly $3T over 10 years

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

Caixin Global

Wang Tao: Takeaways From China’s Government Work Report

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

Evening Standard

Tottenham vs AC Milan: How can I watch Champions League game on TV in UK today?

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

Sports Illustrated

Chelsea Finally Catches a Break With Champions League Turnaround

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.

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The National (Scotland)

Scots economist debunks 'urban myth' of GERS with game-changing research

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

Football London

Jamie Carragher and Daniel Sturridge agree on Chelsea prediction amid Graham Potter pressure

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

Tribune News Service

Biden previews Medicare drug price, tax increase proposals

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.

Tribune News Service

Fact check: Did California’s population ‘exodus’ cause $22 billion budget deficit?

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

Roll Call

Biden previews Medicare drug price, tax increase proposals - Roll Call

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

Tribune News Service

CBO director to brief House members ahead of budget release

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.

Roll Call

CBO director to brief House members ahead of budget release - Roll Call

Congressional Budget Office Director Phillip L. Swagel will brief House members Wednesday on the agency’s budget and economic outlook.

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