WASHINGTON, Nov. 30 (UPI) -- Unprecedented deficit spending being used to battle the U.S. financial downturn could be planting the seeds of the next crisis, critics say.
WASHINGTON, Nov. 26 (UPI) -- Balancing the federal budget during Barack Obama's first term would be a mistake, an economic adviser to the president-elect said.
WASHINGTON, Nov. 23 (UPI) -- U.S. President-elect Barack Obama faces record deficits in the U.S. budget that could soar to more than $1 trillion, analysts say.
WASHINGTON, Oct. 20 (UPI) -- The U.S. Congressional Budget Office estimates the federal deficit could reach $700 billion in the current fiscal year, which began this month.
WASHINGTON, Oct. 17 (UPI) -- Worries about the federal deficit can wait until the U.S. economy perks up again, several economic analysts said.
NEW YORK, Oct. 15 (UPI) -- The U.S. government could rack up a $1 trillion budget deficit this fiscal year, depending on how the bank bailout program is accounted for, analysts say.
WASHINGTON, Oct. 15 (UPI) -- The U.S. government racked up a record $455 billion deficit in fiscal 2008, an even larger shortfall than expected, officials revealed Tuesday.
WASHINGTON, Sept. 23 (UPI) -- Neither major-party presidential candidate altered his economic platform despite an economic landscape with a potential $1 trillion budget deficit next year.
WASHINGTON, Sept. 10 (UPI) -- If the next U.S. president decides to keep President George Bush's tax cuts in place, the federal budget deficit will swell, officials say.
WASHINGTON, Sept. 9 (UPI) -- Congressional budget reports indicate the U.S. federal deficit has grown to $407 billion.
TOKYO, Aug. 22 (UPI) -- The Japanese economic stimulus package will be funded with a supplementary budget instead through deficit-covering bonds, it was announced Friday.
WASHINGTON, July 28 (UPI) -- The gap between the U.S. government's spending and income may reach a record $482 billion in 2009, the Office of Management and Budget projected Monday.
SACRAMENTO, July 23 (UPI) -- The pay of 200,000 California workers may be cut to the federal minimum wage to help balance the state budget, the San Francisco Chronicle reported Wednesday.
WASHINGTON, July 17 (UPI) -- The U.S. government's deficit has reached an estimated $268 billion over the first nine months of fiscal 2008, the Congressional Budget Office says.
WASHINGTON, June 5 (UPI) -- The U.S. House, 214 to 210, Thursday approved a $3 trillion domestic and defense budget blueprint that includes discretionary funds for 12 appropriations bills.