Deficit net worth occurs when a person or company’s liabilities exceed their assets, resulting in negative net worth. Learn more about its causes and examples.

The Legislative Analyst’s Office, a nonpartisan government agency, released a critical response Monday to the governor’s budget plans. Newsom’s initial plan calls for $348.9 billion in state spending ...

ALERTS SENT STRAIGHT TO YOUR PHONE. WELL, TODAY WE’RE GETTING A LOOK AT THE GOVERNOR’S OFFICE PROJECTIONS FOR THE BUDGET FOR CALIFORNIA. AND THERE IS A MAJOR DIFFERENCE IN THE BUDGET DEFICIT. TODAY, ...

In response to a budget deficit, county officials begin taking a closer look at spending. Officials say tax increases are not ...

THE BUDGET THAT I’M PROPOSING HAS NO TAX AND NO FEE INCREASES. SOME BIG PROMISES DESPITE A LOOMING MASSIVE DEFICIT, LAWMAKERS IN ANNAPOLIS BEGIN THE 2026 SESSION WITH A LONG LIST OF PRIORITIES AND ONE ...

The Federal Government publishes the spending and revenue numbers on a monthly basis. Looking at the average monthly deficit, both October and December were much larger than average, with November ...

The fall October’s deficit relative to September’s is entirely due to swings in pharmaceutical imports and gold imports (and exports). Ironically, neither category has been subject to tariffs. Fear of ...

Budget 2026 announces a fiscal deficit of 4.3% of GDP for FY27, reflecting ongoing fiscal consolidation efforts by the government.

With global interest rates higher for longer and fiscal consolidation back in focus, Budget 2026 is expected to signal how India balances growth ambitions with debt discipline.