Government deficit rose 4% in Trump’s first full month in office, despite DOGE. UBS says the U.S. is slashing confidence, not spending
While the government did cut its outlays in February the budget deficit for the month more than doubled compared to January ...
DOGE Gives the Deficit Hawks Cover as the Debt Keeps Rising
But the effect of the agreement is to continue federal spending at the same exaggerated level that has recently prompted ...
Taming the federal budget deficit will require tough decisions
The amount of money the government is taking in is outstripped by federal outlays. Fixing this won't be easy, especially in ...
US October-February budget deficit hits record $1.147 trillion
The U.S. budget deficit for the first five months of fiscal 2025 hit a record $1.147 trillion, the Treasury Department said ...
Trump’s Tariffs Are Aimed at a Trade Deficit Driven by Popular Goods
Trump wants to reduce the $1.2 trillion trade deficit, so he’s putting tariffs on popular imported goods from smartphones to ...
Just The News2d
US deficit sets record with $1.1 trillion in first five months of fiscal year 2025
The new numbers, released Wednesday, showed the deficit between October 2024, and February 2025. The deficit for February ...
AC Transit to raise fares for first time since 2020 amid budget deficit
In order to help fill an estimated $238 million, four-year budget gap, Alameda-Contra Costa Transit is hiking bus fares for ...
Overtime spending in city agencies killed Baltimore’s $53.8 million budget ‘windfall’; city preparing for deficit
Excessive overtime spending in city agencies all but erased Baltimore’s fiscal year 2024 surplus, and now the city is ...
KCRW10h
Wage disparities and higher valued imports help explain the current agricultural trade deficit
The adverse effect wage rate is the required hourly rate for laborers working under an H2A visa. The rate is determined by ...
WSLS 10 News5h
Liberty erases double-digit deficit to win CUSA semifinal over Kennesaw State
Zach Cleveland, Taelon Peter and Colin Porter proved to play big roles and both ends of the court as Liberty chipped away at ...
Costa Mesa officials say slowdown in local sales tax revenue has created deficit
The deficit largely comes from a slowdown in expected sales tax revenue, officials said. Almost half of the city budget comes from sales tax, driven by consumer goods and automotive industries that ...