Fiscal Deficit
latest news & developmentsSmart thinking for fiscal balance
A mix of tax increases and expenditure cuts are essential for long-term growth
Time ticking for Senate deal on US debt limit
US senate leaders are racing against the clock to reach an agreement before the country’s borrowing authority runs out next week.
Obama: US can’t afford more showdowns over debt, deficits
Fresh from the legislative fight to prevent a "fiscal cliff", President Barack Obama has warned that the US could not afford further budget showdowns.
Who’s afraid of the big bad cliff?
With the United States election now over, the world waits with bated breath to see how the country will address its looming "fiscal cliff".
Don’t smile, you’re being mugged
High taxes on investments has left taxpayers in a bad position.
Gordhan: Fiscal deficit will be ‘considerably’ higher
SA’s fiscal deficit will be considerably higher this financial year due to a widening tax shortfall, Finance Minister Pravin Gordhan said on Tuesday.