Democrats blasted the House GOP's budget resolution, saying it would harm the middle class.

The charts below are based on information from the Congressional Budget Office, which does nonpartisan analysis for Congress.

The national debt has become a rallying cry for Republicans as they seek to dismantle the federal government, justifying the ...

Compare that with the same period last year under Joe Biden: federal spending back then came to about $26bn a day. Outflows ...

The friendly meeting also gives Ishiba a stronger hand heading into negotiations with Japanese lawmakers over his 115.5 trillion yen ($759 billion) budget ...

Over the past 60 years, nearly every U.S. president has run a record budget deficit at some point ... Roosevelt entered office when the United States was in the depths of the Great Depression ...

Data released Wednesday morning by the Commerce Department showed that U.S. imports of goods and services grew 6.6 percent to ...

The Indian government on Saturday announced the biggest tax relief in at least a decade to boost consumer demand to revive ...

Think of fiscal deficit as the bigger picture, while primary deficit zooms in on the government’s current financial decisions. What does primary deficit tell us about the economy? For a growing ...

With Budget 2025 just around the corner, what should investors and businesses expect from the government’s fiscal roadmap? In this exclusive conversation, Upasana Chachra, India Chief Economist ...

As India gears up for the Union Budget 2025-26, the focus is on fiscal consolidation and economic stability. The government targets a fiscal deficit of 4.9% of GDP, but early projections indicate ...

The US merchandise-trade deficit widened in December to a record as the value of imports increased, highlighting a key issue that President Donald Trump aims to rectify in his second term.