The federal government's budget deficit has grown by more than $300 billion in the first five months of fiscal year 2025, according to the latest data. The Treasury Department's latest monthly ...
will be unable to govern under the current fiscal framework in 2027, signaling a "window of opportunity" late next year for fiscal adjustments. The fiscal rules, passed early in leftist President ...
The reform would mark a rollback of borrowing rules imposed after the 2008 global financial crisis that many see as an outdated fiscal straitjacket. Merz wants to amend the constitution so defence ...
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Congress has now funded federal operations for the rest of fiscal year 2025, some five and a half months after the fiscal year started. But lawmakers failed to pass any of the required annual ...
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The United States' deficit increased by a record-breaking $1.1 trillion during the first five months of the current fiscal year, new data from the Treasury Department showed. The new numbers, released ...
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This includes preparing the annual federal budget, as well as advising the Government on economic and fiscal matters, tax and tariff policy, social measures, security issues, financial stability and ...