Gov. Mikie Sherrill said New Jersey faces a "serious structural deficit" in advance of her March 10 budget address.

Deficit net worth occurs when a person or company’s liabilities exceed their assets, resulting in negative net worth. Learn more about its causes and examples.

The Congressional Budget Office expects the U.S. federal deficit to rise more over the coming years than previously expected, a release by the agency showed Wednesday.

Cincinnati Public Schools is facing a projected $101 million deficit by 2030 due to reductions in state funding and property tax reforms, prompting discussions on budget cuts and a potential new levy.

The nonpartisan Congressional Budget Office's 10-year outlook projects worsening long-term federal deficits and rising debt, driven largely by increased spending, notably on Social Security, Medicare, ...

In response to a budget deficit, county officials begin taking a closer look at spending. Officials say tax increases are not ...

Financial markets are increasingly fixated on Washington's red ink, but the bigger risk may not be the deficits themselves so much as how abruptly politicians try to erase them. A rapid, poorly ...