Congress used government funding bill to ‘erase’ $3.4 trillion in deficits

This accounting method treats tax cut extensions as a continuation of the current policy that costs nothing, rather than as a new policy.
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$1.8 trillion deficit revealed during ‘pointless and wasteful government shutdown,’ budget watchdog says

The Committee for a Responsible Federal Budget (CRFB), Washington, D.C.’s leading nonpartisan budget watchdog, has sharply criticized the recent government shutdown as “pointless and wasteful” while ...

N.S. government departments told to examine potential impact of 10% cut to program grants

In the face of a projected record deficit, Finance Minister John Lohr has asked provincial government officials to look at the potential impacts of a 10 per cent cut to discretionary spending and ...

Carney's first budget doubles Canada's deficit in attempt to counter US trade rift

Canada's budget shortfall will more than double this year as Prime Minister Mark Carney pours billions of dollars to fight ...

N.S. government departments told to examine potential impact of 10 per cent cut to program grants

In the face of a projected record deficit, Finance Minister John Lohr has asked provincial government officials to look at ...