Indonesia risks blowing past its budget deficit target for next year, according to analysts, citing President Prabowo Subianto’s populist spending promises and no plans for new tax measures https://t.co/rtWzpoVoWb ...

US tariff revenue reached a fresh monthly record in July, though the increase wasn’t enough to prevent a widening in the monthly budget deficit — pointing to the federal government’s continuing fiscal challenges https://t.co/lX9IwemUXp ...

Romania’s central bank kept interest rates unchanged as the country braces for an inflation surge from a series of tax hikes designed to curb the budget deficit https://t.co/38YGmpYRNT ...

Romania is poised to keep borrowing costs unchanged ahead of an expected surge in inflation from a wave of tax hikes designed to help curb the budget deficit. https://t.co/myuv5v149n ...

Colombia announced it would repurchase some of its outstanding global bonds with cash, as it looks to revamp its financing strategy amid increasing concerns about the widening budget deficit https://t.co/m2JsR0JrxZ ...

After the big tariff announcement, something happened that shocked economists. And it wasn't the stock market dropping. It was the value of the dollar dropping.Usually, in times of market turmoil, it increases because investors are flocking to the US for safety. That national debt was also one of the main reasons the US's credit rating was downgraded soon after. Congress spends more than it brings in through tax revenue.For 20 years, we've had a budget deficit. 2024's $1.8% $8 trillion deficit was added to ...

Tariffs Impact & Offsetting Factors - Tariffs' negative impact is offset by the AI boom, tax offsets in the budget bill, and declining energy costs and rents [3] - Approximately 80% of tariff costs are absorbed by US corporations and consumers, with the remaining 20% by foreign suppliers [7] - The US is currently receiving 1% of GDP in tax revenues from tariffs [14] AI Mania & Capital Expenditure - AI is boosting economic activity and animal spirits, leading to a CapEx boom [3][11] - Hyperscalers' CapEx estimates have increased from $290 billion to over $350 billion [7] - Foreigners are investing in the US due to the AI boom, helping to fund the US deficit [13][17] US Economy & Deficit - The US economy's vulnerability lies in its budget deficit, currently at 65% of GDP [9][16] - The US relies on foreign savings to fund its deficit, making it more vulnerable than countries like Japan [13] - The US is able to offset the pain from tariffs because global markets are willing to fund its large budget deficit [10]

Ghana’s dollar bonds rose to a record high on Friday after the government reduced its budget-deficit target for 2025 https://t.co/Z5uxYlbQ1X ...

Government Finance - China's budget deficit reached a new record in the first half of the year [1] - The increased deficit reflects intensified government efforts to stimulate domestic demand [1]

Budget Deficit Target - Ghana reduced its budget-deficit target for 2025 [1] Revenue and Expenditure - Ghana revised its revenue forecast higher [1] - Ghana revised its expenditure lower [1]