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The Latest Breaking News from Deficit

US National Debt Projected To Rise By .9 Trillion

CBO outlook warns of .9 trillion national debt increase, rising deficits, and challenges ahead.

Top News

Congressional Budget Office Offers Dire Warning About Annual Deficits Dwarfing GDP

Congressional Budget Office Director Phillip Swagel said the current projections are based on the 2017 tax cuts ending. That means the numbers could get worse.

International Business Times

'If he hadn't played, we would have won': R Ashwin credits Scott Boland as game-changer in India's BGT loss

NEW DELHI: Former Indian spinner Ravichandran Ashwin has pointed to Scott Boland's inclusion as a decisive factor in India's 3-1 defeat to Australia in the recently concluded Border-Gavaskar Trophy. The fiercely contested five-match series saw Australia reclaim the trophy after a decade, bouncing back from a 0-1 deficit following India's…

The Times of India

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Trump announces ‘external revenue service’ to collect foreign tariffs

Trump said on social media that the new department would be created on his first day when he takes office on January 20.

Al Jazeera

Austrian far right and conservatives reach budget accord in a step toward new government

Austrian far-right leader Herbert Kickl and his prospective coalition partners say they have reached an agreement to bring down the budget deficit

The Independent UK

JackJumpers beat 36ers in last-second overtime thriller

Huge late buckets from Majok Deng and Milton Doyle have helped Tasmania overcome a 14-point third-quarter deficit in a stunning overtime defeat of Adelaide.

AAP

Maryland Property Tax Assessment: What It Means for You

Amid a growing deficit, Maryland property values are rising. Here’s more of what to know.

Kiplinger

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Yuki Bhambri-Albano Olivetti pair progresses to ASB Classic semi-finals

NEW DELHI: India's Yuki Bhambri partnered with France's Albano Olivetti to achieve a remarkable victory, overcoming a first-set deficit to defeat third-seeded British pair Julian Cash and Llyod Glaspool in the ASB Classic ATP250 tournament in Auckland on Thursday.

The Times of India

So you want to cut $2 trillion from the federal budget - Roll Call

It’s the most wonderful time of the year: when Washington says it will cut the federal deficit. Easier said than done! Just ask the 2011 super committee, which had a mandate and bipartisan support yet failed spectacularly. For this podcast, we combine the powers of the Political Theater podcast with…

Roll Call

California Gov. Newsom Proposes 2B Budget Without Deficit

California Governor Newsom's 2 billion budget proposal addresses deficits, prepares for federal cuts, and focuses on key programs.

Top News

Canada Ministers Meet With Trump Team On Tariffs

Canadian ministers meet with Trump's nominees amid tariff threats and trade deficit concerns, highlighting ongoing tensions and the importance of future di...

Barchart

Dollar Weakens on Yen Strength and a Larger US Trade Deficit

The dollar index (DXY00 ) Friday fell by -0.09%. Strength in the yen Friday undercut the dollar after Japanese Finance Minister Kato warned about excessive moves in the forex market after the yen tumbled to a 5-month low against the dollar on Thursday. The dollar fell to its low on...

Salon

GOP quietly cuts IRS funding by $20B

The GOP assault on the revenue collecting agency's funding could exacerbate wait times and balloon the deficit

Barchart

Dollar Falls on Yen Strength and a Larger US Trade Deficit

The dollar index (DXY00 ) today is down by -0.06%. Strength in the yen today is undercutting the dollar after Japanese Finance Minister Kato warned about excessive moves in the forex market after the yen tumbled to a 5-month low against the dollar on Thursday. The dollar fell to its...

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USA Today Sports Media Group

How did Saints use their running backs in Alvin Kamara’s absence?

An early scoring deficit made the Saints call an audible on which running back to lean on in Week 16. What's the plan moving forward?

The Independent UK

Trump threatens EU with tariffs unless it makes ‘large scale’ purchase of US gas and oil

Europe is the largest importer of American gas and was expected to increase its purchases in the future

The Independent UK

A LeBron record. Xmas greetings from Mazzulla. Steph went 0 for 7. Thursday wasn't boring in the NBA

Thursday had a little of everything in the NBA

The Guardian - UK

Donald Trump tells EU to buy more US oil and gas or face tariffs

President-elect reignites fears of a trade war as he says bloc must make up its ‘tremendous deficit’ with US

Fortune

Moody's downgrades 7 French banks amid debt crisis and political chaos

Moody's downgraded the ratings of banks including BNP Paribas and Credit Agricole amid fears over France's debt situation.

AAP

Productivity slump worsens Australia's deficit dilemma

Australia needs to get productivity growth back on track to pay for structural spending increases and avoid endless deficits, economists warn.

The Guardian - AU

A predicted deficit will get the headlines but remember that budgets are about choices

Right now the government is choosing to deliver $50bn a year to the richest 10% of Australians for no discernible benefit to the nation

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