A budget deficit occurs when you spend more than you take in. This is not necessarily a fatal blow to a company and running a budget deficit may actually be a tactical maneuver that benefits a ...

The deficit is at the top of the political agenda, and cuts to spending are certain to come, but how urgent is the deficit problem in reality? Is it important that we cut as much as we can as soon as ...

A deficit is a financial imbalance that happens when debt, expenses or liabilities are greater than revenue, income or assets. The term can also refer to a trade imbalance in which a country imports ...

Tariffs are delivering record cash to Washington, turning a once sleepy corner of tax policy into a headline budget tool that ...

The federal government's budget deficit has grown by more than $300 billion in the first five months of fiscal year 2025, according to the latest data. The Treasury Department's latest monthly ...

Accumulating a deficit is the opposite of accumulating gain. It means that over time, the business's debts are greater than the earnings reported on the balance sheet. Suppose your business earned a ...

Roughly a third of the revenue boom resulted from Trump’s unprecedented, near-universal tariffs on imports. Yet more than half of the revenue increase came from rising wages and realized capital gains ...

Chicago's projected budget deficit in 2026 is even higher than previously predicted, Mayor Brandon Johnson and city officials warned Friday. The city is facing major revenue shortages next year and a ...

The U.S. budget deficit fell 2% to $1.78 trillion for fiscal 2025, as record tariff revenue offset declining corporate tax receipts. Tariffs generated $195 billion amid President Donald Trump’s trade ...