The nonpartisan Congressional Budget Office's 10-year outlook projects worsening long-term federal deficits and rising debt, driven largely by increased spending, notably on Social Security, Medicare, ...
India’s fiscal roadmap for the coming year is likely to balance restraint with expansion, as the government targets a lower deficit while continuing to invest heavily in infrastructure. Ratings agency ...
Gov. Mikie Sherrill said New Jersey faces a "serious structural deficit" in advance of her March 10 budget address.
Caring for an entire population is expensive—caring for an aging population even more so. This is the conundrum facing the U.S. government over the coming decades, with the number of people age 65 and ...
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The Congressional Budget Office has released its annual Budget and Economic Outlook for 2026 to 2036, and once again, CBO and the media are blaming the nation’s deficit problem on Republican tax cuts.
Federal outlays grew nearly as much, from $6.735 trillion in 2024 to $7.01 trillion in 2025. The main drivers were an additional $294 billion spent on Medicaid, Medicare, and Social Security. Last ...
This latest budget includes projected revenues of $17.3 billion and expenses of $18.9 billion, and the province is projecting deficits for the next four years. Despite the talk of a need for restraint ...
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