IMF warns Washington on dangers of continued deficit spending

A new report from the International Monetary Fund spells out just how serious a hole the U.S. has dug itself in terms of the federal deficit and how actions must be taken now to mitigate it. Read More

Behind the IMF's warning to Biden and Congress on deficit spending

Axios Visuals President Biden insists he's committed to cutting federal deficits. The International Monetary Fund doesn't seem convinced he'll go far enough. Why it matters: Inside the IMF's ... Read More

EDITORIAL: Biden deficit surpasses $1 trillion in just half a year

President Joe Biden remains at sea over why Americans aren’t enamored of his economic policies. Perhaps it’s because they’re worried about eventually drowning in all that red ink. Mr. Biden has ... Read More

San Francisco faces protests over budget cuts amid deficit

San Francisco officials are facing difficult decisions over which programs to prioritize amid a looming budget deficit. Why it matters: The city has had fiscal challenges since its pandemic-driven ... Read More

University of Arizona president: Fiscal year 2025 budget deficit may be reduced by $110M

As the University of Arizona continues to search for a new president, embattled outgoing president Robbins has announced moves to ease the college’s ongoing financial crisis. The Tucson-based universi ... Read More

Mayor Gloria Presents $5.65 Billion 2025 City Budget to Mixed Reviews

Mayor Todd Gloria's proposed $5.65 billion budget for fiscal year 2025 received mixed reviews Monday from the San Diego City Council, following a public presentation at City Hall. Read More

Pakistan to miss budget deficit goal

A new International Monetary Fund report showed that Pakistan is set to miss this fiscal year's budget deficit target by approximately Rs1 trillion, as the global lender anticipates the country's ... Read More