Hyderabad: The Comptroller and Auditor General of India (CAG) on Thursday reported that, in the first nine months of the current fiscal, the government had spent over 65 per cent of its ...
Economists think this is the result of large federal government deficits, a productive and rapidly growing economy and the U.S. dollar’s status as the world’s reserve currency ...
For the current fiscal year, the deficit will rise to $1.9 trillion, or 6.2% of GDP, as the federal government continues to spend more than it collects in revenue. Trump’s Treasury Secretary ...