Tag: US budget deficit

• Tuesday, April 10th 2018 - 08:38 UTC

  US budget deficit expected to balloon to US$ 1.5 trillion over the next decade

  

  With the passage of deep tax cuts late last year, annual United States budget deficits are expected to balloon over the next decade, the nonpartisan Congressional Budget Office said on Monday.

• Saturday, March 9th 2013 - 04:40 UTC

  US jobs market picks up in February but budget dispute with Congress looms

  

  Hiring in the US has gathered momentum after government figures showed that the economy created 236.000 jobs in February. The figure was much higher than analysts had expected, and more than the 157,000 jobs created in January.

• Thursday, April 14th 2011 - 23:39 UTC

  Obama insists on reforming tax-code and making the rich pay more

  

  US President Barack Obama said the United States must use the tax code to help meet its targets for reducing the deficit and said that the wealthiest Americans must help achieve that goal.