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2:23
MSN
WTEN Albany
Albany budgeting its way out of a $15M financial deficit
There is a $15 million financial deficit for Albany's 2025 fiscal year. On top of that, an additional $22 million is projected for fiscal year 2026.
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A trade deficit is simply the flip side of a capital surplus. Comment “Deficit” and we’ll send you an article that breaks it down. Thriving countries attract capital. When foreign investors see opportunity here, they bring their money—buying our assets, financing our businesses, and fueling growth. In return, we gain the ability to purchase more goods and services from abroad. A trade deficit isn’t a sign of weakness—it’s a reflection of global confidence. It means the world is willing to trade
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