Fiscal Data and Government Finance News
Moody’s highlights data, AI role in U.S. public finance and tax oversight
With the U.S. approaching the 250th anniversary of its independence on July 4, 2026, attention is turning to how financial discipline and institutional credibility continue to support economic ...
Burnham backs UK fiscal rules as leadership transition draws market focus
With financial markets watching Labour's economic stance closely, Andy Burnham says his plans for Britain stay aligned with the party's 2024 manifesto. He also repeats support for fiscal rules ...
Britain faces fiscal and growth choices under prospective Burnham leadership
Britain’s prolonged period of weak productivity and stagnant living standards is putting renewed focus on the policy choices facing its likely next leader. Andy Burnham’s popularity within ...
UK bond markets seek near-term deficit cuts from next government
Britain is heading toward a change in political leadership while investors remain focused on the same fiscal constraints that have driven gilt market volatility. The central issue for bond markets ...
U.S. markets face profit boom trade-offs
Strong corporate earnings and rising analyst forecasts are helping sustain equity markets despite geopolitical tensions, higher oil prices and policy uncertainty in the U.S. The same profit surge ...
UK degree returns shrink as taxes, weaker earnings cut graduate gains
New analysis indicates the financial advantage of a university degree in the UK is narrowing as graduate earnings come in below earlier expectations and tax and student loan burdens rise. The ...
UK gilt market weighs Burnham leadership risk after by-election win
Andy Burnham’s victory in the Makerfield by-election adds a new political variable for UK bond investors as markets assess the odds of a future Labour leadership challenge. The immediate ...
Burnham camp weighs chancellor options as UK borrowing pressures unsettle markets
Andy Burnham is facing internal divisions over who should lead the Treasury if he becomes prime minister, as investors seek reassurance over fiscal discipline and economic strategy. The debate is ...
UK borrowing rises above forecast in May as debt costs mount
Britain's public finances are under renewed pressure at the start of the fiscal year, with May borrowing jumping well beyond official expectations. The rise reflects record debt interest payments ...
Britain budget deficit widens in May, adding pressure to fiscal outlook
Britain's public finances come under sharper strain in May as the government posts a larger-than-expected monthly budget deficit. Borrowing reaches £23.3 billion, up 30% from a year earlier and ...
Andy Burnham taps former OBR chair for fiscal advice amid UK leadership ambitions
As Andy Burnham seeks a return to parliament through the Makerfield by-election, he is strengthening his economic preparations amid scrutiny of how financial markets could react to his policy ...
Illinois approves digital asset tax in state budget
Illinois is moving ahead with a new levy on digital asset activity after Governor J.B. Pritzker signs a $56 billion state budget for fiscal 2027. The measure imposes a 0.2% tax on certain ...
Fiscal policy seen as more influential than monetary now, Steve Hou notes
Steve Hou argues that fiscal policy currently has a bigger impact than monetary policy. He suggests that, instead of focusing just on the Federal Reserve, attention may shift to other areas such ...
U.S. Social Security faces funding gap as benefit cuts and tax increases loom
An updated funding warning is sharpening pressure on U.S. policymakers to address Social Security's long-term finances. The program's latest outlook shows its trust funds are projected to fall ...
