Inflation figures influence everything from tax decisions and welfare spending to interest rates and growth projections.
After much back-and-forth regarding Beaumont's definition of a balanced budget, the City Council will consider changing it. The definition was first added to the city's budget in 2025 to better meet ...
Revenue deficit is a key indicator of the governments fiscal health. A high revenue deficit suggests that the government is borrowing not to invest, but to fund routine consumption.
Beaumont’s City Council has approved a budget with a deficit every year since at least 2015. Yet, some council members feel it’s only recently that the practice has come under fire. The issue came to ...
From infrastructure spending to interest rates, fiscal deficit influences some of the biggest economic outcomes of the Union Budget. Heres a simple five-question guide to understanding why it matters.