Government ❯ Finance ❯ Budgeting

Deficits

California Federal Budget U.S. Government Deficit Federal Deficits Provincial Deficits Fiscal Policy Manitoba Saskatchewan Provincial Budgets U.S. Budget Deficit

San Francisco Deficit Narrows to About $644 Million in New Controller Report

Officials say the smaller gap still requires further cuts, including possible layoffs.

U.S. Posts Record $145 Billion December Deficit as Outlays Hit New High

MYEFO Narrows Deficit to $36.8 Billion as Savings and Revenues Lift Budget

Audit Flags $2.6 Billion Loss, Rising Debt and Idle Trust Funds in Victoria

California Faces Nearly $18 Billion Budget Gap for 2026–27, LAO Warns

CBO Puts 2025 U.S. Deficit at $1.8 Trillion as Debt Nears $38 Trillion

PBO Warns Deficit Jumps to $68.5 Billion as Debt Ratio Rises

TCU Orders Brazil to Pursue Midpoint of 2025 Fiscal Target as Government Moves to Appeal

Tariffs Drive Record $30 Billion in August Customs Duties as Deficit Nears $2 Trillion

Tasmania’s 2025-26 Budget Earmarks Record Health and Education Spending While Charting Return to Surplus

California Faces Escalating Budget Crises in Cities, Schools, and State Government

Alberta's 2025 Budget Introduces Tax Cuts Amid $5.2 Billion Deficit

CBO Warns of Record U.S. Debt as Trump Administration Pushes Tax Cuts

Australia Faces Mounting Budget Deficits as Spending Increases

British Columbia's Deficit Rises to $9.4 Billion in Latest Fiscal Update

Freeland Resigns as Finance Minister as Canada Reports $62 Billion Deficit

US Budget Deficit Soars to $1.8 Trillion as Interest Costs Hit Record High

U.S. National Debt Interest Payments Exceed $1 Trillion for First Time