As congressional Republicans struggle to keep deficits in check while extending their sweeping 2017 tax cuts, the ...
While 2024 was a record revenue year, it was also a record spending year; spending is growing faster. Read more here.
The federal budget deficit totaled $2.0 trillion for calendar year 2024, an increase of roughly $200 billion from the ...
The U.S. Congressional Budget Office released new data this week showing that in the last calendar year, the federal deficit ...
The numbers: The U.S. federal budget deficit widened to a record $711 billion in the first three months of the fiscal year, up from $510 billion in the same period last year, an increase of 39% ...
The CBO estimated that more tariff revenue would help shrink the federal budget deficit by $2.7 trillion from fiscal years ...
Gavin Newsom has proposed a $322 billion budget without a deficit, a welcome change after two years of ... Donald Trump ...
For the final calendar month of 2024, the shortfall totaled $86.7 billion, which actually represented a 33% decline from a ...