Cutting the public deficit to 7% of GDP this year is out of question, there is no way to achieve this – Romania's prime minister Ilie Bolojan said in a press conference on July 11, adding that his ...

We study the effects of debt-financed fiscal transfers in a general equilibrium, heterogeneous-agent model of the world economy. In the long run, increases in government debt anywhere raise the world ...

CNBC interviewed a dozen experts, investors and former government officials to explore the consequences of America’s fiscal ...

Elon Musk announced Saturday that he has officially launched a new political party in the United States, called the America ...

The CBO says it would add $3.4 trillion to the deficit over the next decade. For decades, fiscal hawks have warned about the ...

The Office for Budget Responsibility and other forecasters are divided over how strong UK growth will be. Who's right will ...

The fate of Trump's economic agenda hangs on the 'One Big Beautiful Bill' vote, as Republican opposition could trigger ...

A CRFB analysis shows the Senate's tax bill could raise national debt to 126% of GDP by 2034, with deficits potentially ...

Among the most expensive pieces of legislation in years, the Republican bill could reshape the country’s finances for a ...

India's fiscal deficit for April-May was 131.6 billion rupees ($1.5 billion) or 0.8% of the estimate for the financial year ending March 31, government data showed on Monday.

From an accountant's perspective, the trade deficit isn't a sign of economic weakness. As with any financial flow, there are two sides to the ledger.

From an accountant's perspective, the trade deficit isn't a sign of economic weakness. As with any financial flow, there are two sides to the ledger.