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The Latest Breaking News from Deficit

Resigning NT Chief Minister Michael Gunner unveils improved budget bottom line, but deficit and debt levels stay high

Ahead of his surprise resignation as Chief Minister, Mr Gunner unveiled a plan to balance the books two years earlier than previously forecast — but until then, debt levels will continue to grow.

ABC News

Panthers force overtime in final minutes, beat Capitals in OT to even series at 2-2

The Florida Panthers were all but doomed. There were less three minutes separating them from a near-insurmountable series deficit and, with no goaltender in their net and an extra skater on the ice, they were one shot away from overtime or one away from an almost-certain Game 4 loss to…

Miami Herald

Tax revenue boom fuels steep budget deficit decline - Roll Call

April tax receipts totaled an estimated $864 billion, driving a $308 billion surplus last month. Both figures would be the largest on record.

Roll Call

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Biden reaps record tax haul on meme stocks’ once-and-done frenzy

The surge in individual stock trading by Americans last year contributed to a record tax haul for the federal government this spring — shrinking the budget deficit and surprising Wall Street, but likely leaving President Joe Biden in no stronger shape as he battles for his fiscal agenda in Congress.

Tribune News Service

Troyes fight back to claim draw at lacklustre PSG

Relegation-threatened Troyes fought back from a two-goal deficit to draw 2-2 at Paris Saint-Germain on Sunday night to snatch a point that edged them closer to Ligue 1 safety.

Radio France Internationale

Bombers coach full of praise for Wright

Peter Wright's six goals were crucial as Essendon recovered from personnel issues and a 25-point deficit to beat AFL rivals Hawthorn by 27 points.

AAP

Glasgow Rocks daring to dream ahead of Leicester Riders play-off semi-final

GLASGOW ROCKS produced one of their best performances of the season on Sunday night as they overturned a first-leg deficit against league runners-up…

The National (Scotland)

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2 empty-net goals by Ilya Mikheyev seal Toronto’s 5-2 win, giving the Leafs a 2-1 series lead

TAMPA, Fla. — The Lightning cut a three-goal deficit to one in the third period before allowing two empty-net goals in a 5-2 loss to the Maple Leafs in Game 3 of their first-round playoff series at Amalie Arena.

Tribune News Service

Yadgir CMC presents a deficit Budget of ₹43.49 lakh for 2022-23

It is aimed to offset the deficit amount by collecting property and other taxes, say Officers

The Hindu

Watch the gap: On widening trade deficit

The widening trade deficit puts more pressure on the rupee and aids growth-retarding inflation.

The Hindu

Rangers FC news round-up: Bell Ibrox tribute, Ramsey return hint, RB Leipzig key battles

RANGERS take on RB Leipzig tonight in the Europa League semi-final second-leg aiming to overcome a one-goal deficit.

The National (Scotland)

Airdrie v Montrose: How to watch Championship play-off crunch, and who is the ref

The Diamonds head into the clash with a 1-0 deficit to overcome if they are to reach the final

Daily Record

Degrees underfunded by £1,750 per student, Russell Group says

Group says deficit would widen to £4,000 under plan to freeze tuition fees in England until 2024-25

The Guardian - UK

Biden previews midterm offensive as he attacks 'extreme' MAGA Republicans in deficit speech

WASHINGTON — With an eye clearly on November's midterm elections, President Joe Biden on Wednesday sharpened his attack on Republicans as he sought to contrast his administration's policies with what he described as an "extreme" GOP agenda.

Los Angeles Times

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Reason

Joe Biden's Phony Fiscal Responsibility

Biden gloats over a historically astronomical budget deficit as if he's accomplished something significant. He hasn't.

The Hindu

Economic speed bumps yes, but no breakdown

Nepal’s vulnerability has been exposed by the lack of pragmatic policy interventions and abrupt moves towards self-sufficiency

The Hindu

Staff members in all eight divisions of LIC protest

‘Govt. is desperate to sell shares of LIC to mop up resources for meeting fiscal deficit’

The Independent UK

‘Truly outrageous’: Biden touts deficit reduction as he attacks ‘extreme Maga’ plan to sunset Social Security and raise taxes

‘This Maga crowd is really the most extreme political organization that's existed in American history’

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Daily Record

Prediction for Rangers vs RB Leipzig: Gers could give Ibrox crowd a night to remember

Rangers might have been underestimated by the bookmakers as they aim to reverse a one-goal first-leg deficit against RB Leipzig

The Hindu

Data | Behind the numbers: Perspective on the $400 billion export mark

Even though exports achieved their peak in absolute terms in FY22, as a % GDP they were relatively lower than the levels recorded in FY14

Benzinga

India's Biggest IPO Enjoys Analyst Confidence Thanks To Attractive Valuation, Retail Investor Discount

India's largest IPO has started taking orders from individuals and other categories after attracting anchor investors, Bloomberg reports. Retail investors can place their orders for shares of India's state-controlled Life Insurance Corporation until May 9. Also Read: India's Largest IPO Raises $736M Ahead of Listing, Attracts Foreign Investment Retail investors will be allocated 35%…

The Independent UK

With deficit falling, Biden pivots to fiscal responsibility

President Joe Biden plans to highlight deficit reduction in remarks noting that the government will pay down the national debt this quarter for the first time in six years

USA Today Sports Media Group

Will the Boston Celtics get revenge in their series against the Milwaukee Bucks?

A 0-2 deficit will be very difficult for Boston to overcome.

The Times of India

Exports up 24% to $38 billion in April; trade deficit widens to $20 billion

NEW DELHI: Exports rose by 24.22 per cent to a monthly record high of $38.19 billion in April on account of healthy performance by sectors like petroleum products, electronic goods and chemicals, even as trade deficit widened to $20 billion during the month, the commerce ministry said on Tuesday.

The Guardian - AU

Victoria’s treasurer flags surplus in 2025/26 ahead of the state budget

Tim Pallas says Tuesday’s budget shows the state performed better than expected this financial year

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