Discover how deficit spending works and stimulates the economy, guided by Keynesian theory. Learn about its impact, benefits, and criticism.

Roughly a third of the revenue boom resulted from Trump’s unprecedented, near-universal tariffs on imports. Yet more than half of the revenue increase came from rising wages and realized capital gains ...

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

The U.S. government spent $173 billion more than it collected in revenues in November. But as bad as that sounds and is, it is nevertheless better than the $193 billion deficit posted in October and ...

Columbia city leadership held a public forum to discuss the recently adopted fiscal year 2026 budget. Personnel services, including employee compensation and benefits, represent the most significant ...

As preparations for Union Budget 2026 continue, taxpayers look for simpler tax rules and relief under the Income Tax Act, ...

Economists are unlikely to be persuaded that a better-than-forecast deficit for 2025-26 confirms the budget is back on track.

The St. Louis County Council unveiled a sweeping plan on Monday to narrow a projected $81 million budget deficit, aiming to ...