Restoring fiscal stability
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Over the next 10 years, the nation&#39;s cumulative budget deficit will soar to $2.3 trillion, the CBO projected. And if President Bush succeeds in making his tax cuts permanent, as he&#39;s vowed to do if re-elected, the 10-year deficit could top $4 trillion.
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Fed chief says quick fix for social safety net programs vital to avoid more painful steps later. JACKSON HOLE, Wyo.  - Rising pressure on US finances from an aging population make it vital to quickly
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China&#39;s top Communist party leaders have called for stability in the country&#39;s monetary and fiscal policies and continued efforts to rein in growth in fixed-asset investment, in a
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Get up to speed on this resurgent financial trend.
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FOR THE first time, President Gloria Macapagal-Arroyo acknowledged yesterday that the country was in a fiscal crisis, a move meant to rally the public behind her tax reform and cost-cutting measures to avert an Argentina-like financial meltdown in the
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States' finances are finally picking up, a new report says, with bursts of revenue in nearly every region of the country. But the good news comes with warnings that spending pressures are still so high they could unravel the gains.
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On the clear benefits of a dollar that won't spend.
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WASHINGTON -- State finances remained stable so far this fiscal year, with revenues on target or better and fewer states spending more than they planned, the National Conference of State Legislatures reported.
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Consider paying lower taxes now versus higher taxes later.
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Direzione positiva verso consolidamento politiche fiscali
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A tax-cutting plan to balance the budget, add jobs and jump-start the economy.
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The Philippines is likely to keep well within the 2004 budget and consolidated public sector deficittargets due to improved revenue flows and increased electricity tariffs, officials said Friday.
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Manila - The Philippines was in the midst of a fiscal crisis and the public should be prepared to make sacrifices, President Gloria Arroyo said yesterday.
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Even if President Bush could snap his fingers and magically &quot;fix&quot; Social Security tomorrow morning, the nation would still be facing a fiscal crisis.
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With the robust economy, tax revenues are pouring in. But rising costs lie ahead.
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Having generated record federal deficits with tax cuts in his first term, George W. Bush has promised that &quot;fiscal restraint&quot; is now in order.
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The poor are the people most likely to spend a tax rebate, if they are handed one in an economic revival plan. Whether that happens depends on who prevails Â the White House or the Democrats who run Congress.