What you need to know about budget deficits

The Nova Scotia government's projected $1.24-billion deficit and its plans to reduce it have become a topic of debate following the release of the province's budget for the 2026-27 fiscal year.
Committee for a Responsible Federal Budget

Senators Introduce 3% Fiscal Target Resolution

Senators Kevin Cramer (R-ND) and Angus King (I-ME), along with Senators Dave McCormick (R-PA) and Gary Peters (D-MI), recently introduced a resolution in support of a 3% deficit-to-Gross Domestic ...

Bipartisan call for 3 percent deficit target on US deficits

The Bipartisan Fiscal Forum is urging Congress to adopt a 3 percent deficit-to-GDP target to stabilize the national debt and ...

U.S. Budget Deficit Pressures Mount As War Spending Surges

The US budget deficit was already on shaky ground before the Iran war, and reports that Pentagon will seek an additional ...

Ohio college placed in fiscal watch after not paying taxes, deficit spending

COLUMBUS, Ohio - The Ohio Department of Higher Education placed a Sandusky County community college on fiscal watch after an ...