Learn why state governments can't run fiscal deficits like the federal government, focusing on balanced-budget laws and their economic impact.
President Trump is adhering to economic theory with regard to his tariff policies and trade deficits; with time it will pay off. He understands that America’s perennial trade deficits predispose to ...
WASHINGTON, Dec 10 (Reuters) - The U.S. ‌government posted a lower $173 billion ‌deficit in November as tariffs on imports helped to boost revenues, the Treasury Department said on ‍Wednesday. The ...
This is read by an automated voice. Please report any issues or inconsistencies here. During the first term of George W. Bush, the country again faced growing budget deficits derived from two separate ...
Harvard reported an operating loss of $113 million — its first budget deficit since 2020 — as its financial footing shakes from disruptions to federal funding, even as the total value of its endowment ...