Learn how budget deficits arise, their economic impact, and discover strategies to reduce them. Gain insights into managing government spending and national debt.

Mr. Rattner was counselor to the Treasury secretary in the Obama administration. With unusual speed, and despite an armada of controversial provisions, Congress has birthed a sprawling, nearly ...

Rachel Reeves blamed “increased global uncertainty” as the budget watchdog slashed its forecast for economic growth. The Office for Budget Responsibility halved its forecast for growth in gross ...

RICHMOND, Va. (AP) — Republican Gov. Glenn Youngkin said on Friday that he would trim Virginia’s budget by $900 million in light of next year’s tax revenue projections, which could decrease as the ...