Latest in Fiscal Shortfall
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Budget deficit swells in November, pushing fiscal 2025 shortfall 64% higher than a year ago
For the month, the deficit totaled $366.8 billion, 17% higher than November 2023CNBC - 10h -
College closures expected to spike amid 'unprecedented fiscal challenges,' Fed research finds
With enrollment falling, a growing number of colleges are in financial jeopardy.CNBC - 15h -
China vows 'more proactive' fiscal stimulus measures, 'moderately' looser monetary policy
China's leaders pledged "more proactive" fiscal and monetary policies next year to boost domestic consumption, according to an official readout.CNBC - 2d -
Councils call for cash to cover homeless bill shortfall
The Local Government Association says a freeze on central funding has cost councils nearly £740m since 2019.BBC News - Dec. 5 -
Powell calls for ‘change’ in ‘unsustainable’ fiscal path
Federal Reserve Chair Jerome Powell warned Wednesday that the U.S. is on an “unsustainable” fiscal path and called for a course correction days after the national debt topped $36 trillion for the ...The Hill - Dec. 4