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Federal Budget (U.S.) Deficits

  • BUENOS AIRES, Sept 21- Argentina is behind on at least $700 million in promised subsidy payments to natural gas producers, hurting oil companies at a time when the government is trying to woo more investment in the nation's energy sector. He took office in December 2015 vowing to jumpstart Argentina's struggling economy and cut a primary fiscal deficit...

  • What went wrong in Kansas City's tax experiment?

    CNBC's Kate Rogers reports on a recently reversed tax experiment in the state of Kansas.

  • BUENOS AIRES, Sept 21- Argentina is behind on at least $700 million in promised subsidy payments to natural gas producers, hurting oil companies at a time when the government is trying to woo more investment in the nation's energy sector. He took office in December 2015 vowing to jumpstart Argentina's struggling economy and cut a primary fiscal deficit...

  • TUNISIA PLANS TO CUT 2018 BUDGET DEFICIT TO 4.9 PERCENT OF GDP FROM ABOUT 6 PERCENT IN 2017- ECONOMIC REFORMS MINISTER.

  • TUNIS, Sept 20- Tunisia plans cut its budget deficit to 4.9 percent of gross domestic product in 2018, down from about 6 percent expected in 2017, as fiscal reforms take effect, the economic reforms' minister said on Wednesday. The North African country is under pressure from the International Monetary Fund and its partners to speed up reforms to create jobs and...

  • WASHINGTON, Sept 19- U.S. Senate Republicans have reached a tentative budget deal that could allow tax reform legislation to eliminate as much as $1.5 trillion in revenues over 10 years through tax cuts, raising the odds that their planned tax overhaul would expand the federal deficit. Two members of the Senate Budget Committee, Republicans Pat Toomey and Bob...

  • WASHINGTON, Sept 19- U.S. Senate Republicans have reached a tentative budget deal that could allow tax reform legislation to eliminate as much as $1.5 trillion in revenues over 10 years through tax cuts, raising the odds that their planned tax overhaul would expand the federal deficit. The prospective tax cuts are part of closed-door talks among 12 Senate...

  • OTTAWA, Sept 19- Canada posted a budget deficit of C $17.8 billion for the 2016-17 fiscal year, the Finance Department said on Tuesday, below the preliminary deficit of C $21.85 billion reported in May and well above the C $1.0 billion deficit the year before. Program expenses increased from the 2015-2016 fiscal year by C $16.2 billion, or 6 percent, to C $287.2...

  • LUSAKA, Sept 19- Zambia will resume talks with the International Monetary Fund on an aid program in October and hopes to get IMF board approval by the end of the year, one of ist finance officials said on Tuesday. The IMF said in June it may grant Zambia up to $1.3 billion in a three-year credit facility to help plug a budget deficit of around 7 percent.

  • LUSAKA, Sept 19- Zambia will resume talks with the International Monetary Fund on an aid programme in October and hopes to get IMF board approval by the end of the year, one of ist finance officials said on Tuesday. The IMF said in June it may grant Zambia up to $1.3 billion in a three-year credit facility to help plug a budget deficit of around 7 percent.

  • PARIS, Sept 18- France's economic recovery is strong enough for the government to be able to cut spending and the deficit without growth being affected, the budget and finance ministers said on Monday. Budget minister Gerald Darmanin confirmed that the 2018 budget to be presented on Sept. 27, the first of President Emmanuel Macron's administration, would be...

  • PARIS, Sept 18- France's economic recovery is strong enough for the government to be able to cut spending and the deficit without growth being affected, the budget and finance ministers said on Monday. Budget minister Gerald Darmanin confirmed that the 2018 budget to be presented on Sept. 27, the first of President' Emmanuel Macron's administration, would be...

  • PARIS, Sept 18- France's economic recovery is strong enough for the government to be able to cut spending and the deficit without growth being affected, the budget and finance ministers said on Monday. Budget minister Gerald Darmanin confirmed that the 2018 budget to be presented on Sept. 27, the first of President' Emmanuel Macron's administration, would be...

  • KIEV, Sept 15- The Ukrainian government on Friday approved a draft 2018 budget that foresees a deficit of 2.4 percent of gross domestic product, according to Prime Minister Volodymyr Groysman. The budget deficit is in line with the fiscal targets of Ukraine's $17.5 billion aid-for-reforms programme from the International Monetary Fund, but it still needs to...

  • WASHINGTON— The federal government recorded a slightly larger deficit in August than a year ago, while the deficit through the first 11 months of this budget year is well above the same period last year. The Treasury Department said Wednesday that the August deficit totaled $107.7 billion, up 0.5 percent from a deficit of $107.1 billion in August 2016.

  • WASHINGTON, Sept 13- U.S. House Speaker Paul Ryan on Wednesday left the door open on whether Republicans' tax overhaul would increase the nation's deficit or follow Republicans' long-standing principle that the cost of any legislation be offset by government spending cuts. Asked if their tax plan would be revenue neutral, Ryan told the Associated Press in an...

  • Senate Republicans are struggling with how many billions of dollars President Donald Trump's tax code overhaul will add to the deficit as they work on a GOP budget plan that's a prerequisite to any far-reaching change in the nation's tax system. Senate Majority Leader Mitch McConnell and GOP members of the Budget Committee met Tuesday with Trump's top...

  • WASHINGTON— Senate Republicans are struggling with how many billions of dollars President Donald Trump's tax code overhaul will add to the deficit as they work on a GOP budget plan that's a prerequisite to any far-reaching change in the nation's tax system. Trump had dinner Tuesday with a group of Republican and Democratic senators to talk taxes, after Senate...

  • TUNIS, Sept 11- Tunisia's parliament gave Prime Minister Youssef Chahed's new government a vote of confidence on Monday after the premier detailed plans to halve the budget deficit and trim the public wage bill in the next three years as part of a reform package. Chahed last week named a new cabinet after weeks of wrangling between the ruling Nidaa Tounes party...

  • TUNIS, Sept 11- Tunisia's government wants to halve its budget deficit and trim the public wage bill in the next three years as part of a reform package to revive the economy, Prime Minister Youssef Chahed said on Monday. Though Tunisia has been praised for its democratic progress after the 2011 uprising against autocrat Zine El-Abidine Ben Ali, successive...