Latest updates for Budget Deficit News
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Recent items include:
- US May budget deficit shrinks but customs collections turn negative due to tariff refunds
- Germany's fiscal situation is a case of geopolitical irony
- Deficit, Debt w/o the OBBBA
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Recent curated links from global sources. Generate one free draft from any story, then use SocialBu to schedule and refine your content calendar.
Germany's fiscal situation is a case of geopolitical irony
Germany's finance ministry just reported a €41 billion federal budget deficit at the end of April earlier today. For a country that has long been the "frugal superpower" of Europe,...
Deficit, Debt w/o the OBBBA
As Treasury yields jump, changes in fiscal policy come into scrutiny. By comparing the Feb 2026 to January 2025 CBO baselines, and isolating changes due to legislation, one can ide...
Tariff Refunds Push U.S. June Budget Deficit to $120B
The deficit represents a sharp reversal from the $27 billion surplus in June 2025 that the administration touted as evidence of tariff success.
Nebraska’s projected budget deficit grows to $223 million based on June tax receipts
LINCOLN — Nebraska’s projected budget deficit continues to grow after the fourth consecutive month of state tax receipts falling below economic forecasts. The state Department of R...
OCDSB approves budget with $3.5M deficit
The OCDSB approved a budget with a $3.5-million deficit, including new educational assistants and school infrastructure investments
Nebraska’s projected budget deficit exceeds $170 million following new tax receipts
For the third month in a row, Nebraska’s monthly tax receipts came in below economic projections, which could spell trouble for state lawmakers when they convene for the 2027 legis...
2026 budget ambitious but unviable – BudgIT
The organisation noted in a statement on Monday that, with revenue projected at N36.9 trillion and expenditure at N68.3 trillion, the country will contend with a fiscal deficit of...
Budget Deficit: FG Raises N3.6trn via Bond Market in Five Months
Kayode Tokede Buoyed by drive to bridge budget deficit, the federal government, through the Debt Management Office (DMO), raised an estimated N3.6 trillion from investors in five...
U.S. budget deficit widens as tariff refunds surge
A large wave of refunds for tariffs declared illegal by the Supreme Court caused the first widening in the federal deficit since the start of this fiscal year.
Romania’s budget execution improves, but sharp deficit contraction is driven by base effects
The general government budget deficit in Romania contracted by 57% y/y to nearly RON 24 billion (EUR 4.7 billion) in January-April, according to data published by the Finance Minis...
TDSB projecting $15M deficit for next school year; TCDSB deficit almost $40M
Despite being under provincial supervision due to alleged financial mismanagement, the Toronto District School Board (TDSB) is projecting a $15 million deficit for the 2026-2027 sc...
Romania’s public deficit reportedly shrinks to 1.2% of GDP in January-April
Romania’s public deficit reached 1.17% of GDP, down from 2.95% of GDP in the same period last year, according to sources familiar with the reporting consulted by Profit.ro. The Fin...
Gavin Newsom Claimed California's Deficit Was Gone. His State's Own Budget Analysts Just Blew That Up.
Central Bank Governor warns against spending overruns
Central Bank Governor Gabriel Makhlouf has warned Minister for Finance Simon Harris if Budget spending overruns persist there could be a €25.7 billion deficit in the public finance...
Romania’s public deficit shrinks by 44% y/y to 1.75% of GDP in Jan-May
Romania's general government budget deficit narrowed by 44% y/y to RON 35.9 billion (EUR 6.9 billion) in January-May, as the country reduced payroll in the budgetary sector and cur...
U.S. debt is the ‘elephant in the room’ amid bond market rout as Fed-fueled interest costs could drive even larger defic...
"In our view, unsustainable fiscal dynamics are compounding with a reflation story, turning a short-term problem into a long-end selloff."
Import push C/A back into deficit
SBP data shows trade shortfall hits $324m in April, widening gap to 47% MoM
Canada's federal deficit widens to $19.4bn as carbon tax removal hits revenue
Ottawa's fiscal position deteriorates at federal level despite provinces pulling back from year-ago spending surge
Editorial. Fiscal blues
In a stressful year, a higher fiscal deficit can’t be ruled out
Newsom’s Budget Houdini Act: All Smoke, Mirrors, and Wishful Thinking
Gavin Newsom has once again pulled off a dazzling feat of financial gymnastics. In his May 14 revised budget for fiscal year 2026-27, California’s governor stood tall and declared...
Nigeria Cuts Fiscal Gap as Q3 2025 Revenue Improves
Nigeria recorded a major improvement in its public finances in the third quarter of 2025, as the Federal Government’s fiscal deficit narrowed sharply to N330 billion, signaling tig...
Canada’s Deficit Plan Has Less Than 1% Chance of Success: PBO
Ottawa is boasting of fiscal anchors, but the latest stress test is about to give taxpayers that sinking feeling. This morning, the Parliamentary Budget Officer (PBO) released its...
Word of the Day: deficit
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