News

Historic US budget alarm replaces tariff anxiety
Relief following the tariff war de-escalation looks set to be quickly replaced by government budget tensions. Alarms are ...
Record $16B tariff inflow helped ease the US budget deficit rate
U.S. tariff revenue hit a record $16.3 billion in April, easing the budget deficit rate as President Donald Trump's sweeping tariffs took hold.
US rakes in record $16B in customs duties in April from Trump tariffs
Overall, the US government posted a $258 billion budget surplus for April, up 23%, or about $49 billion, from a year earlier.
Proof Trump Has No Idea How the Trade Deficit Works
Adding 2 percent of G.D.P. to the budget deficit would add a substantial amount to its twin, the trade deficit (broadly ...
Veronique de Rugy: Trump’s budget would lock in big-government spending and deficits
President Donald Trump’s 2026 “skinny budget” is out, and at first glance it gives small-government advocates reason to cheer ...
The Republicans’ Budget Makes No Sense
Yet the Government Accountability Office estimates that the government loses roughly $50 billion to $100 billion a year to ...
Burlington Mayor Emma Mulvaney-Stanak discusses city job cuts, need to close budget deficit
With Burlington facing an $8M deficit in this year's fiscal budget, Mulvaney-Stanak said she made the difficult decision to ...
Washoe School Board approves plan to reduce tentative budget deficit from $9.7m to $4.1
The Washoe County School Board passed a motion Tuesday that would reduce its budget deficit by about $5 million, but it had ...