rdan Bloomberg reports on Timothy Geithner committed to cutting the budget deficit as concern about deteriorating U.S. creditworthiness deepened, and ascribed a sell-off in Treasuries to prospects for an economic…

By Spencer The real trade deficit has been contracting so far this year and accounted for a major portion of growth this year. Just another example of how in the…

…double digit deficit if had there never been a tax cut in 2001. 2004.GW’s SOTU, Jan 20, 2004: By doing so, we can cut the deficit in half over the…

…reporters do when they compare budget deficits through time, without comparing them to the size of the economy. The proper measure is to describe the deficit relative to GDP. This…

…picture is ugly. The general fund deficit (i.e. the deficit excluding the SS trust fund) will be close to 4% of GDP during 2010-2015, and widen to 4.6% of GDP…

I’ve been looking for an excuse to post this diagram of real Federal tax revenues (excluding payroll contributions) and Kash’s post “The Budget Deficit in Context” and a few other…

…helped increase revenues to the Treasury,” Bush said in his weekly radio address. “The increased revenues and our spending restraint have led to good progress in reducing the federal deficit.”…

…as two conventional claims: (1) A cheap (depreciated) dollar causes the current account deficit to shrink. (2) A current account deficit causes the dollar to depreciate. My reply to him…

…concerns about public perceptions of the $11 trillion deficit number in the 2003 report of the Technical Panel on Assumptions and Methods — a group of actuaries, economists, and demographers…

The US trade deficit hit a record high of $60bn in November. That means that the US imported $60bn more of goods than it exported that month. This is a…