Budget Deficits
Coverage of Budget Deficits in the Nexus archive.
- Pennsylvania’s Fossil Fuel Tax Revenue Lags Far Behind Other Energy States, Report Says
A new analysis claims low taxes on Pennsylvania’s natural gas, coal, and petrochemical industries have failed to boost the state’s economy. The industries argue they provided jobs and cheap energy, but the report states they are declining and cannot address growing budget deficits.
- Putin to Confront Weak Economy at ‘Russian Davos’, Under Threat of Ukrainian Drones
President Vladimir Putin is set to address Russia’s flagship investment forum as the economy shows signs of stagnation under the strain of the Ukraine war. Rising inflation, labor shortages, budget deficits, and Ukrainian drone strikes on key infrastructure are increasing pressure, while businesses report mounting costs and weakening demand.
- How outsized budget deficits impact the Fed’s decisions
The article discusses how large budget deficits constrain the Federal Reserve's ability to lower interest rates. Fiscal imbalances create limitations on the Fed's monetary policy decisions.