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 ...

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 ...

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 ...