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 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 ...

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, ...

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 ...

WASHINGTON, DC - APRIL 10: U.S. Sen. Jeff Merkley (D-OR) speaks to reporters during a news conference on the impacts of the Republican budget proposal at the U.S. Capitol on April 10, 2025 in ...

Gov. Gavin Newsom’s proposed budget “does not materially address” long-term concerns, a key analyst warned Sacramento lawmakers. Video: Newsom debuts new California budget proposal for 2026-2027 The ...