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

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

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 ...

Zimbabwe’s trade deficit increased by 6% to US$2.1 billion in 2024, mainly due to a rise in grain and fuel imports. According to the latest trade data from the Zimbabwe National Statistics Agency ...

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 ...

Economic policy talk reaches a crescendo around the Union Budget in India. Is this justified? How consequential is the budget as far as the overall economy is concerned? Has its importance been ...

There are reasons why the Budget can do little to make a sizeable ... The covid-19 pandemic reset the bar for central government spending on welfare schemes. In the last five years, the sum ...