Atop the Powerful Budget Committee at Last, Bernie Sanders Wants to Go Big January 13, 2021 Shortly before the 2016 election, Paul D. Ryan of Wisconsin, the Republican nominee for vice president and the speaker of the House, told a… Continue Reading
Russia Tightens Tax Loophole as Kremlin Seeks to Plug Budget Gap November 5, 2020 MOSCOW—The economic crisis sparked by the coronavirus pandemic is pushing the Kremlin to clamp down on tax avoidance and close an offshore loophole popular… Continue Reading
U.S. budget deficit topped a record $3 trillion for 2020 fiscal year. October 8, 2020 The federal budget deficit was $3.1 trillion for the 2020 fiscal year, the Congressional Budget Office estimated on Thursday. The deficit is a record… Continue Reading
Vatican Officials Cut Budget Deficit Prior to Pandemic October 1, 2020 ROME—The Holy See cut its budget deficit for 2019, reducing the financial pressures from previous investment losses, but the pandemic and its economic fallout… Continue Reading