According to the Legislation Analyst’s Office, a nonpartisan fiscal policy advisor, chronic multiyear budget deficits remain. For the fourth year in a row, they are forecasting multiyear budget ...

America’s debt will be more than 100% of U.S. gross domestic product by later this year, the Congressional Budget Office projects.

An array of charts buried in the fine print of the state budget, unknown to all but a few fiscal nerds, details what ...

CBO projects that the shortfall will deepen in 2026 to $1.853 trillion, slightly more than 2025’s $1.775 trillion deficit. Looking further down the road offers a similarly concerning trajectory. Over ...

The Congressional Budget Office expects the U.S. federal deficit to rise more over the coming years than previously expected, a release by the agency showed Wednesday.

California legislators are facing a fifth straight budget where spending would outstrip its revenues, amid warnings of multibillion-dollar deficits stretching well into the future unless they either ...

Last year, the Houston government maintained that the provincial debt would remain below 40% of annual GDP. That target has been abandoned. The net debt-to-GDP ratio grows to 35% this year, and is ...

The Trade Deficit is one of the two components of the 'twin deficits,' the other being the federal budget deficit. The October trade deficit came in at -$29.3B, the smallest since the 2009 Great ...