UK budget deficit surges

CBO Projects Debt, Budget Deficit Increase Through 2035
Read about the CBO's projections regarding the country's budget and economy for 2025 and for the 10 years that follow.
New budget projections show US hitting debt record in 4 years: CBO
The nonpartisan Congressional Budget Office released its latest 10-year budget outlook, which projected the U.S. is on track to break a notable debt record in just four years.
UK budget deficit surges in December as debt interest hits
Britain ran a bigger-than-expected budget deficit in December, swelled by debt interest and a one-off purchase of military homes, data showed on Wednesday that underlined the fiscal pressure faced by finance minister Rachel Reeves.
UK budget deficit soars on debt costs in setback for Reeves
DEBT interest costs pushed up UK government borrowing more than predicted last month, putting Chancellor of the Exchequer Rachel Reeves on course to overshoot official forecasts this year. Read more at The Business Times.
UK Budget Deficit Surges On Interest Payments
The UK budget deficit more than doubled in December largely due to interest payments, highlighting the challenges faced by Chancellor
UK borrowing jumps in December as debt interest climbs
Britain ran a bigger-than-expected budget deficit in December, swelled by debt interest costs and a one-off purchase of military homes, according to official data that underlined the fiscal pressure faced by finance minister Rachel Reeves.
The U.S. Has Hit The Debt Ceiling. How Long Does Congress Have To Fix It?
The government exceeded its borrowing limit on Trump's second day in office, leaving the new government with an uncertain ...
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Feds project U.S. debt will hit $52 trillion by 2035
The Congressional Budget Office says 2035 estimate is about 118% of U.S. gross domestic product, and will exceed the prior ...
Federal budget deficit expected to soar to $2.7 trillion in 2035, highlighting pressure on GOP
As congressional Republicans struggle to keep deficits in check while extending their sweeping 2017 tax cuts, the ...
Federal debt as far as the eye can see — and then some
The Congressional Budget Office projects the federal deficit will continue to rise, reaching $2.7 trillion by 2035, due to ...
US fiscal path unsustainable despite improved budget forecasts, says DoubleLine
The U.S. sovereign debt profile remains on an unsustainable path with deficits likely to widen more than what has been ...
House GOP's Budget Hawks Now Want A $4 Trillion Debt Limit Hike
The Treasury Department will begin using accounting moves soon to keep from defaulting. The House Freedom Caucus says its ...
New year, new budget: Expert advice on saving, spending in 2025
PHOENIX — On this Monday Saving Monday, we’re talking about how you can best plan your personal finance strategy for 2025.
Queensland Treasurer David Janetzki flags huge increase in state debt
Queensland is sinking into a larger-than-expected budget black hole, with Treasurer David Janetzki tipped to forecast billions in additional debt during the Mid Year Fiscal and Economic Review.