An exterior view of the building of U.S. Department of the Treasury is seen on March 27, 2020 in Washington, D.C. (Photo by OLIVIER DOULIERY/AFP via Getty Images) OAN NewsroomUPDATED 6:22 PM PT – Monday, April 12, 2021 U.S. federal budget deficit hit a record high amid elevated spending and slow GDP recovery by the …
Biden’s budget deficit hits record $1.7T as spending soars Read More »
Italian Prime Minister Mario Draghi speaks during a visit to a mass vaccination centre at Fiumicino Airport near Rome, Italy, March 12, 2021. REUTERS/Guglielmo Mangiapane March 12, 2021 ROME (Reuters) – Prime Minister Mario Draghi said on Friday he would hike this year’s budget deficit further in order to support the economy hit by a …
Italy’s Draghi says will hike deficit to support virus-hit economy Read More »
FILE PHOTO: Shipping containers are seen at the Port Newark Container Terminal in Newark, New Jersey, U.S. on July 2, 2009. REUTERS/Mike Segar/File Photo March 5, 2021 WASHINGTON(Reuters) – The United States’ trade deficit increased in January as goods imports jumped to a record high amid a sharp rebound in consumer spending, offsetting a …
U.S. trade deficit widens as goods imports hit record high Read More »
FILE PHOTO: St. Catherine Street, a primary commercial artery of downtown Montreal is seen on the first night after a curfew is imposed by the Quebec government to help slow the spread of the coronavirus disease (COVID-19) pandemic in Montreal, Quebec, Canada January 9, 2021. REUTERS/Christinne Muschi February 26, 2021 OTTAWA, Feb 26 (Reuters) – …
Canada budget deficit swells to C$248 billion over first nine months of 2020/21 Read More »
FILE PHOTO: U.S. one hundred dollar notes are seen in this picture illustration taken in Seoul February 7, 2011. REUTERS/Lee Jae-Won/File Photo February 10, 2021 By David Lawder WASHINGTON (Reuters) – The U.S. government posted a budget deficit of $163 billion in January, a record high for the month and a $130 billion jump from …
U.S. January budget deficit hits record $163 billion as new aid checks sent out Read More »
FILE PHOTO: Singapore’s Finance Minister Heng Swee Keat arrives for the National Day Parade, amidst the coronavirus disease (COVID-19) outbreak, in Singapore August 9, 2020. REUTERS/Edgar Su February 9, 2021 By Aradhana Aravindan SINGAPORE (Reuters) – Singapore is expected to announce next week an expansionary but trimmed down budget to support businesses still struggling, having …
Singapore to taper spending in 2021 after record budget deficit Read More »
The Congressional Budget Office (CBO) released a report this month that shows an increased budget deficit of $54 billion if the minimum wage is increased to $15 nationally, which it says will result in higher unemployment and higher prices for goods and services. “If enacted at the end of March 2021, the Raise the Wage …
Budget Deficit Will Increase by $54 Billion if Congress Enacts $15 Minimum Wage: CBO Read More »
FILE PHOTO: Shipping containers, including one labelled “China Shipping” and another “Italia,” are stacked at the Paul W. Conley Container Terminal in Boston, Massachusetts, U.S., May 9, 2018. REUTERS/Brian Snyder February 5, 2021 WASHINGTON (Reuters) – The United States’ trade deficit surged to its highest level in 12 years in 2020 as the COVID-19 …
U.S. trade deficit jumps to 12-year high in 2020 Read More »
FILE PHOTO: A U.S. five dollar note is seen in this illustration photo June 1, 2017. REUTERS/Thomas White/Illustration/File Photo January 13, 2021 By David Lawder WASHINGTON (Reuters) – The U.S. government posted a December budget deficit of $144 billion – a record for the month – due to far higher outlays with coronavirus relief …
U.S. December deficit hits $144 billion, record for the month Read More »
New York state Gov. Andrew Cuomo arrives for a news conference on September 08, 2020 in New York City. (Photo by Spencer Platt/Getty Images) OAN Newsroom UPDATED 7:45 PT – Thursday, December 10, 2020 New York State Democrat lawmakers said they’re looking at new and higher taxes to address a ‘massive’ budget deficit caused by …
N.Y. lawmakers considering higher taxes on wealthy to address pandemic budget deficit Read More »
