Under the CRFB August Adjusted Baseline, debt will reach 120% of Gross Domestic Product (GDP) and deficits will rise to $2.6 ...

The twin deficits hypothesis has long been central to macroeconomic debates, positing that a government’s chronic fiscal deficit may generate or exacerbate a current account deficit. This ...

Moody’s Ratings Service downgraded the United States's credit rating from the triple-A category to double-A. The federal government's credit rating dropped from Aaa to Aa1 due to an “increase over ...

Market observers are raising fresh concerns regarding the fiscal health of the United States, with the country’s deficit spending already mirroring those seen during previous recessions. The post says ...

Fitch Ratings said Wednesday the U.S. fiscal outlook remains strained, with large federal deficits expected to persist in the coming years on the view that there will not be "significant additional ...

The U.S. government's fiscal strength is deteriorating as the trend of larger budget deficits and mounting debt continues, Moody's Ratings said in a report released Tuesday. Moody's said that ...

Malaysia will likely miss its fiscal deficit target this year, as spending is seen exceeding projections and revenue may fall, according to BMI, a Fitch Solutions company. Malaysia’s budget gap will ...