In this episode of Tax Notes Talk, Professors Kenneth Austin and Hillel Nadler discuss the policies that they believe make ...

New estimates from the Congressional Budget Office show continuing fiscal strain, despite steady economic growth.

The Congressional Budget Office estimated on Tuesday a U.S. federal deficit of $1.834 trillion for fiscal 2024, the highest ...

The federal budget deficit swelled to $1.8 trillion in the fiscal year that ended in September, an enormous sum that ...

Canada recorded a bigger than expected trade deficit of C$1.1 billion ($806 million) in August, its sixth consecutive monthly ...

Today's release of GDP estimates indicates that Canada’s economy manages to attain growth despite the negative impact from ...

New Zealand’s annual budget deficit widened more than forecast as high inflation increased the cost of government services ...

The U.S. annual deficit is nearing $2 trillion for this fiscal year, almost double the record deficits before the COVID-19 ...

Yet again, the federal government spent far more than it collected in revenue, racking up a budget deficit of $1.8 trillion ...

The federal deficit clocked in at $1.8 trillion for fiscal 2024, according to the Congressional Budget Office.

The deficit totaled $1.8 trillion in FY2024, marking the second year in a row that deficits have totaled close to $2 trillion ...

The data comes as Donald Trump and Kamala Harris are proposing new tax and spending plans that are estimated to add trillions ...