US posts $129 billion January deficit on calendar shifts, higher outlays
The federal government posted a $129 billion budget deficit for January, up sharply from an unusually low $22 billion deficit ...
Billionaire Ray Dalio warns America faces ‘economic heart attack’ if it doesn’t radically reduce U.S. fiscal deficit
The U.S. must slash its deficit to 3% from an expected 7.5% before the president’s second term in office ends, otherwise a ...
U.S. Trade Deficit Hit Record in 2024 as Imports Surged
Data released Wednesday morning by the Commerce Department showed that U.S. imports of goods and services grew 6.6 percent to ...
Committee for a Responsible Federal Budget4d
CBO Estimates $838 Billion Deficit for First Four Months of FY 2025
The United States borrowed $838 billion in the first four months of Fiscal Year (FY) 2025, including $127 billion in the month of January, according to the latest ...
USAID Costs $40 Billion A Year. GOP Tax Cuts Could Total $11 Trillion Over A Decade.
Republicans readily admit the revenue loss from their tax proposals will be far larger than the spending cuts they’re ...
Under threat of Trump tariffs, UK posts rare goods trade deficit with US
Britain entered a rare deficit in its goods trade with the United States at the end of last year, according to data published ...
Ray Dalio: We Need to Cut the Budget Deficit Now. Here’s How We Do It
In Ray Dalio's forthcoming book "How Countries Go Broke" he argues that the United States' budget deficit should be cut.
Business Insider on MSN6d
Trump wants to reduce the trade deficit. Here's why that matters.
President Donald Trump has made reducing the trade deficit a central part of his "American First Trade Policy." Here's what ...