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Locked in its embrace of tax-cutting orthodoxy, the GOP has no credible way to address the country’s looming fiscal crisis.
Government policies have a role to play in the economy, but technological and market forces are often far more powerful.
This progress was largely driven by a surge in government revenues, which jumped from N16.8tn in 2023 (7.2 per cent of GDP) to N31.9tn in 2024 (11.5 per cent of GDP). The World Bank credited these ...
Recent national economic reports have indicated the U.S. added more jobs than expected in April, but the nation’s gross domestic product declined by 0.3% in the first quarter of 2025, marking ...
The General Assembly’s independent forecasting commission has improved revenue projections for the upcoming fiscal year despite growing economic ... the Commission on Government Forecasting ...
"I think one of the things that is not getting a lot of play is that a subtraction from GDP growth last quarter was a decrease in federal government spending," Harrah said. "Again, GDP includes ...
Nevada will collect $191 million less general fund revenue during 2026-27 than predicted in December, according to a new economic forecast ... what that will mean for government revenues in ...
Reducing federal support for research and development could cause long-run economic damage and reduce government revenue. By Ben Casselman Cutting federal funding for scientific research could ...
Matthias Balk / picture alliance via Getty Images IBM said uncertainty in the economic environment and federal government spending ... reiterated its full-year revenue outlook.
Tax revenue is dropping. The decline means that China’s national government has less money to address the country’s serious economic challenges, including a housing market crash and the near ...
One, overall revenues reached P4.42 trillion in 2024, 15.6 percent higher than P3.82 trillion in 2023, good. GDP growth at nominal ... Five, remittances by government corporations contributed ...
Recent moves to disband advisory committees that suggested ways to improve economic data — as well as comments from Commerce Secretary Howard Lutnick — have raised concerns about the ...