Discover how deficit spending works and stimulates the economy, guided by Keynesian theory. Learn about its impact, benefits, and criticism.

Discover key arguments for and against a balanced federal budget, exploring potential impacts on national debt, taxpayers, and future economic stability.

Roughly a third of the revenue boom resulted from Trump’s unprecedented, near-universal tariffs on imports. Yet more than half of the revenue increase came from rising wages and realized capital gains ...

Columbia city leadership held a public forum to discuss the recently adopted fiscal year 2026 budget. Personnel services, including employee compensation and benefits, represent the most significant ...

India has successfully met its fiscal deficit target for FY25 at 4.8% of GDP, with a further reduction planned to 4.4% for FY26. This achievement was bolstered by strong tax revenues and a significant ...

Economists are unlikely to be persuaded that a better-than-forecast deficit for 2025-26 confirms the budget is back on track.

In a significant legislative move, Congress has utilized a government funding bill to effectively “erase” $3.4 trillion in projected deficits. This development, reported on November 15, 2025, follows ...