The federal deficit and national debt are expected to grow by trillions of dollars over the next decade, according to 10-year projections from the nonpartisan Congressional Budget Office (CBO). The ...

Since Donald Trump returned to the White House in January, the federal deficit has declined by $516 billion on a trailing-12-month basis. Spending is basically flat, but revenue is up a remarkable 8.5 ...

(The Center Square) - The United States federal budget deficit totaled $1 trillion in the first five months of fiscal year 2026, according to the Congressional Budget Office. The latest federal ...

WASHINGTON (AP) — The nonpartisan Congressional Budget Office’s 10-year outlook projects worsening long-term federal deficits and rising debt, driven largely by increased spending, notably on Social ...

President Trump’s tariffs aren’t working as advertised. Taxes on imports can’t shrink the trade deficit, significantly boost U.S. manufacturing or improve the lot of most ordinary Americans. At the ...

NEW YORK, Sept 16 (Reuters) - While U.S. corporate taxes and interest rates fell over the past 40 years, the federal deficit soared. Does that mean the federal government is now justified in taking a ...