News

The White House’s One Big Beautiful Bill would cost trillions, and other administration moves wouldn’t fill the budget gap.
Republicans' sweeping policy bill would increase the deficit by $2.4 trillion over the next decade, the nonpartisan ...
Prime Minister Mark Carney’s announcement that the federal budget will be ... in Canada’s fiscal history. With the Liberals’ decade-long track record of deficits and ballooning debt, Carney ...
The bill is expected to cut $1.3 trillion in spending, but also cut $3.7 trillion in total revenue, leading to the massive ...
The leap in tariff revenue could help the federal budget, but is unlikely to be enough to offset the country's longstanding deficit ... BMO Capital Markets. "AM Charts for May 13, 2025." ...
Yields first moved higher after the pandemic as the Fed raised interest rates to fight inflation, pushing bond yields up as ...
In most cases, a budget that includes a positive “fiscal impulse” — more borrowing, more spending, a wider deficit — pushes cash into the financial system. That money eventually shows up as higher ...
A signature piece of tax and spending legislation is passing through Congress with potentially huge implications for asset ...
Newsom's state budget preview. TURLOCK, Calif. — California Gov. Gavin Newsom has proposed a $322 billion budget without a deficit ... to revoke billions in federal dollars About a third ...
Republicans love rewriting history ... federal budget was already on its way to balance before Newt Gingrich ever picked up the speaker’s gavel. In 1993, Bill Clinton passed a sweeping deficit ...
Moody's Ratings on Friday downgraded the nation's debt, citing the potential for the new bill to add $4 trillion to the federal primary deficit, which excludes interest payments, over the next decade.