Revenue deficit is a key indicator of the governments fiscal health. A high revenue deficit suggests that the government is borrowing not to invest, but to fund routine consumption.

The U.S. government recorded a $1.8 trillion budget deficit for fiscal 2025, just $8 billion smaller than the previous year, the Congressional Budget Office said. Revenue rose 6% while spending ...

Revenues, expenditures, structural deficits, oh my! Pennsylvania’s Independent Fiscal Office released an updated fiscal outlook for the state, based around the new budget passed on November 12th. When ...

Last year the country ran a budget deficit of 2.92 percent, the largest in two decades outside of the COVID-19 pandemic.

As Finance Minister Nirmala Sitharaman prepares to present the Union Budget 2026, attention is centred on five critical pillars that will define the government’s fiscal and economic strategy for FY27.