The shutdown ‘accomplished nothing and caused significant harm’ to many people, budget watchdog says, giving ‘new meaning to fiscal irresponsibility’

"It's hard to imagine the bar for dysfunctional government getting any lower than it is right now," said the Committee for a ...

Maryland faces $1.5B deficit by 2027, shortfall could near $4B by 2030

Analysts say the gap is structural, meaning even new taxes or tapping the Rainy Day Fund will not fully close the hole in ...

PBO calling out the federal government's fiscal approach should raise red flags for all of us

“Based on the long-term baseline projection in Budget 2025, there is limited fiscal room for the government to reduce ...

Carney has ‘limited room to cut taxes’ as debt-to-GDP ratio to grow: PBO

The federal debt-to-GDP ratio in Budget 2025 is projected to be higher compared with the 2024 fall economic statement, 'and ...
The Canadian Press on MSN

Ottawa’s operating spending — not capital — driving deeper deficits: PBO

In a new analysis of the budget published Friday, interim budget officer Jason Jacques said Ottawa is set to run an average ...

What NDA's win in Bihar elections 2025 means for markets, politics, economy

Analysts believe the result reaffirms the NDA's dominance in Indian politics, and should provide a sentiment boost to ...

Federal budget’s fiscal targets unlikely to be met, interim PBO says

The interim Parliamentary Budget Officer released a report Friday that includes strong criticism of the Liberal government’s ...

Fiscal watchdog accuses Ottawa of exaggerating investment spending

OTTAWA — Ottawa’s fiscal watchdog called out the Carney government Friday for using an “overly expansive” definition of ...
The Punch on MSN

Nearly $3bn spent on Eurobond debt servicing under Tinubu

Nigeria spent $2.93bn on Eurobond debt servicing under the Tinubu administration, with 83% of payments covering interest, ...

Interim parliamentary budget officer takes aim at Liberal accounting, but says budget sustainable

Days before MPs are set to cast their vote on the Liberal budget, interim Parliamentary Budget Officer Jason Jacques is ...

With Pa. state budget signed, who are the winners and losers in the final bargain?

The dam broke quickly this week on the state's budget blockage, due a myriad of trade-offs between legislative Republicans, ...

Finance minister: Alberta faces more deficits, local politicians should expect a 'tough go' too

"Nobody's coming on a white horse to save you," Nate Horner warned municipal leaders when they asked for help with growth ...