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

The federal government is still “shut down.” The scare quotes are necessary because the government is not actually shut down; ...

The government shutdown, now three weeks in, could also add a little bit to the country's growing national debt.

The Governor’s Office of Management and Budget projected last month that Illinois is on track to run a $267 million deficit ...

The City Council approved a proposal for mid-year budget modifications that added about $35 million in expenses to the city’s ...

There are high expectations for the federal budget as Ottawa looks to balance long-term infrastructure and defence ...

As the government shutdown approaches the longest in history — 35 days during Donald Trump's first term — one word explains the dynamic and duration of the paralysis: trust. Washington today suffers ...

Canada's budget deficit is forecast to hit a historic C$381.6 billion ($293.9 billion) on COVID-19 emergency aid, with the ...