Economics ❯ Fiscal Policy

Budget Deficits

Government Spending Tax Cuts Revenue Generation Taxation Public Debt Public Spending Public Expenditure Debt Management Economic Forecasting Government Revenue

Connect Bay Area Submits 305,000 Signatures to Put Regional Transit Tax on November Ballot

Approval would generate about $1 billion a year to avert steep service cuts through a new regional sales tax.

Balboa Park Museums Report 34% Attendance Drop After Paid Parking

NYC Comptroller Warns Mamdani Plan to Tap Reserves Risks Future Strain

Moody’s Turns NYC Outlook Negative as S&P Flags Credit Risks

IMF Says U.S. Outlook Is Strong for 2026 as Tariff Uncertainty and Rising Debt Threaten Stability

Pakistan’s Federal Debt Hits Rs78.5 Trillion on Heavier Local Borrowing in First Half of FY26

West Bengal Tables Rs 4.06 Lakh Crore Interim Budget With Welfare Boosts Before Elections

Beshear Orders 3% Agency Cuts After Kentucky Shortfall Trimmed to $156 Million

Minnesota Forecast Shows $2.45 Billion Surplus Now, Nearly $3 Billion Deficit Later

New Orleans Council Passes $1.6 Billion Budget to Close $222 Million Gap

Prosecutors Ask Audit Court to Oversee Eletronuclear as Angra 3 Costs Balloon

Illinois Transit Rescue Clears Legislature as RTA Restores Disability Ride-Share, Scraps 2026 Fare Hikes

USC Issues 900-Plus Layoff Notices as Interim Leader Says Deficit Fix Is on Track

Maryland Board of Public Works Approves Elimination of 502 State Positions to Curb Deficit

Germany Faces €172 Billion Budget Gap as IW Charts Soaring Social Costs

German Municipal Deficit Widens to €19.7 Billion in First Half of 2025

Tariff Windfall Faces Supreme Court Test as Treasury Counts $165 Billion

UK Long-Dated Gilt Yields Hit 27-Year High, Tightening the Squeeze on Reeves’s Budget

Polis Calls Special Session to Close $783 Million Budget Gap

France’s New Austerity Plan Fails to Ease Borrowing Costs