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budget deficit

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Finances

Proposal to Eliminate Second Tunnel for Rail Expansion

Rail Expansion in Seattle is facing significant scrutiny as budget constraints loom over the proposed projects. On September 5, 2025, a proposal was introduced to eliminate a second tunnel aimed at expanding the light rail system. This decision, prompted by a staggering $30 billion budget deficit, seeks to cut costs Read more…

By Anna, 3 months ago
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Economy

Russia’s Oil Revenue Decline Fuels Budget Deficit

Oil revenue plays a crucial role in Russia’s economy, and recent developments have highlighted a significant downturn. In July, the country faced a staggering 27% decrease in oil and gas revenues, leading to a budget deficit that reflects broader economic challenges. This article will explore the implications of new European Read more…

By Davi, 4 months ago
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Economy

Budget Deficit Could Trigger Economic Heart Attack

Economic Heart attacks are not just a medical issue—they can also describe a nation’s financial health. In this article, we will explore the looming threat of an economic heart attack facing the U.S. within the next three years. If the budget deficit is not reduced to 3% of GDP, the Read more…

By Davi, 4 months ago

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