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.
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.
SACRAMENTO, Sept. 23 (UPI) -- California Gov. Arnold Schwarzenegger signed a state budget Tuesday, allowing the state to pay its overdue bills after a record 85-day budget stalemate.
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.
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, Feb. 4 (UPI) -- Security and prosperity are the overarching principles guiding the $3 trillion federal budget for fiscal year 2009, U.S. President George Bush said Monday.
WASHINGTON, Sept. 13 (UPI) -- The U.S. government ran a monthly budget deficit of $116.97 billion in August, up 81 percent from a year earlier, the Treasury Department said Thursday.
WASHINGTON, Aug. 24 (UPI) -- The long-term U.S. budget outlook is reported “unsustainable” though increased tax revenue has cut into the deficit more than expected.
WASHINGTON, July 11 (UPI) -- President George Bush Wednesday said higher tax revenues and tighter spending will lower the current fiscal year's federal budget deficit to $205 billion.
WASHINGTON, June 12 (UPI) -- The U.S. federal government in May ran a budget deficit of $67.70 billion, the Treasury Department said Tuesday.
WASHINGTON, March 22 (UPI) -- The U.S. House and Senate are debating plans to balance the budget after six years of tax cuts and Iraq spending that have added $2.2 trillion to the deficit.
BOSTON, Feb. 21 (UPI) -- The U.S. budget deficit is shrinking, despite continuing Iraq and Afghanistan war costs, a newspaper analysis said Wednesday.
WASHINGTON, Feb. 15 (UPI) -- The U.S. Senate averted a Washington showdown and a federal government shutdown by approving a 2007 spending plan.