Learn why state governments can't run fiscal deficits like the federal government, focusing on balanced-budget laws and their economic impact.

The U.S. federal deficit remains historically high, but recent fiscal swings have not significantly disrupted economic growth or inflation trends. Since 2009, the Federal Reserve's shift to a quantity ...

Learn how fiscal policies like government spending and tax changes impact budget deficits. Understand their influence on economic stability and growth.

Defence, infrastructure and housing may be key pillars of the budget. TD Economics would like to see tax and regulatory reform. Deficit may hit $70 billion potentially, depending on size and timing of ...