Discover how deficit spending works and stimulates the economy, guided by Keynesian theory. Learn about its impact, benefits, and criticism.

California’s deficit grows, uncertainty looms, and state leaders may have fewer options than before to tackle it.

Roughly a third of the revenue boom resulted from Trump’s unprecedented, near-universal tariffs on imports. Yet more than half of the revenue increase came from rising wages and realized capital gains ...

Forbes contributors publish independent expert analyses and insights. James Broughel is an economist focused on the economics of regulation. A debate over US trade deficits has been raging online, ...

President Donald Trump has made reducing U.S. trade deficits, which have expanded significantly in recent decades, a priority of his administration. He and his advisors argue that renegotiating trade ...

A deficit is a financial imbalance that happens when debt, expenses or liabilities are greater than revenue, income or assets. The term can also refer to a trade imbalance in which a country imports ...

The start of the new year brings another change to Nebraska’s tax code as personal and corporate income tax rates continue to ...

A budget deficit occurs when you spend more than you take in. This is not necessarily a fatal blow to a company and running a budget deficit may actually be a tactical maneuver that benefits a ...

ROME -- Italy’s Parliament on Tuesday approved the government’s 2026 budget, including deficit-cutting measures. The budget ...