Budget Deficit
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Stocks Could Be Getting A Santa Rally This Season
From The Desk Of Anthony Pompliano· 2025-12-21 13:01
The Santa Claus rally is ready to roll into the end of the year. The Federal Reserve is starting to pump capital back into the market. Now, this Q is happening at a time where the US government's finances are improving, too.Treasury Secretary Scott Besson said yesterday the current calendar year-to-ate deficit is $1.5% trillion. But that compares to a deficit of $ 1.9% trillion for the period last year. It's a 21% drop year-over-year. Now, it's not only that it's a smaller deficit.The economy is also bigger ...
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The Wall Street Journal· 2025-12-21 09:42
With its budget deficit worsening, California is pulling back on a policy that extended government-supported healthcare to immigrants living in the country unlawfully https://t.co/lCx3JwG2RF ...
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Bloomberg· 2025-12-19 11:38
The head of Poland’s newly created Fiscal Council wants to inject more reality into the budget debate as the country becomes the biggest offender of EU public-sector deficit rules https://t.co/pXK425VM0Z ...
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Bloomberg· 2025-12-16 00:21
The New Zealand government will head into an election year facing deeper budget deficits and a delayed return to surplus as an economic recovery takes longer to gather momentum https://t.co/ja24Sbnqly ...
NJ’s Montclair Cuts School Staff and Mulls March Tax-Hike Vote
Bloomberg Television· 2025-12-12 15:43
How did we get here. Yeah. So this the news of this deficit was revealed in July, but it was a long time in the making.And basically what we know about this shortfall is that it comes from escalating transportation costs, unbudgeted health care expenses, and then rising special education costs. So basically, now that the district has realized that these unbudgeted expenses are far outpacing revenues, they have to address this shortfall because in New Jersey, you cannot a school district cannot operate in a ...
DoubleLine's Gundlach: I've turned positive on commodities broadly
CNBC Television· 2025-12-10 21:31
So Jeffrey, you you so rightly told me last time that you were looking for a steeper yield curve. Um, and it's exactly what what we've gotten as you alluded to that. Why do you think rates have backed up on the long end the way that they have >> people are worried about the interest expense on the Treasury debt and they're worried about the fact that the budget deficit is 6.2% 2% of GDP while we're in an extended economic expansion.So they're worried that the interest expense is going to be out of control b ...
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Bloomberg· 2025-12-08 18:25
Chicago Mayor Brandon Johnson and the city council are at an impasse over how to close a nearly $1.2 billion deficit as the deadline to pass a budget approaches https://t.co/e9EuyOh6fe ...
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Bloomberg· 2025-12-02 22:45
A New Jersey judge ruled that a vote on whether to increase property taxes in the wealthy town of Montclair after school officials discovered a budget deficit of nearly $20 million can’t go forward https://t.co/WdLmzvO5Wy ...
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Bloomberg· 2025-11-28 16:46
Romania’s government is mounting a second attempt to overhaul a generous pension system for the judiciary, in a test for its ability to push through reforms and narrow the European Union’s widest budget deficit https://t.co/JXIxs32dMV ...
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Bloomberg· 2025-11-25 19:54
The US kicked off the 2026 fiscal year with a $284 billion budget deficit last month, underscoring the Trump administration’s challenge in attempting to dramatically shrink federal borrowing needs in coming years https://t.co/9iaOOjAcUW ...