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

The U.S. federal deficit remains historically high, but recent fiscal swings have not significantly disrupted economic growth or inflation trends. Since 2009, the Federal Reserve's shift to a quantity ...

The federal budget gap narrowed more sharply than forecasters anticipated in November, offering a rare piece of good news in a fiscal landscape still dominated by red ink. The monthly shortfall came ...

The U.S. budget deficit fell 2% to $1.78 trillion for fiscal 2025, as record tariff revenue offset declining corporate tax receipts. Tariffs generated $195 billion amid President Donald Trump’s trade ...

A combination of savings and higher tax takes have delivered an $8.4 billion improvement to the federal budget's bottom line, the mid-year update is expected to show when it is released on Wednesday.

Defence, infrastructure and housing may be key pillars of the budget. TD Economics would like to see tax and regulatory reform. Deficit may hit $70 billion potentially, depending on size and timing of ...

Nigeria is testing the limits on several fronts with its federal budget for 2026 with a spending plan in excess of N58trn, or ...