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budget deficit
Latest news updates regarding the budget deficit.
The US budget deficit is projected to reach $1.853 trillion in 2026, with public debt rising to 120% of GDP.
The U.S. Congressional Budget Office (CBO) forecasts that the budget deficit will remain at record highs for the next decade, placing significant pressure on long-term fiscal goals.
Market
Europe faces failure in its budget deficit reduction plan.
Overspending and a lack of fiscal discipline have plunged the European Union into a debt trap: Rules have been broken for decades and there are no stabilization mechanisms in place, according to the International Monetary Fund...
Ukraine faces a budget deficit of $19 billion.
The EC is working with EU member states to find ways to offset Ukraine's budget deficit in 2026, estimated to range from $8 billion to $19 billion.
President Trump sharply criticized Elon Musk's plan to form his own political party, declaring that "my number one responsibility is to protect the American public."
US President Donald Trump has publicly and sharply criticized tech billionaire Elon Musk's plan to form a new political party, accusing the social media mogul of sowing "the seeds of...
Trump's economic program will increase the US budget deficit.
Implementing the economic program of Republican candidate Donald Trump, if he wins the election, would increase the US budget deficit many times over compared to the approach of the candidate from...
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