As congressional Republicans struggle to keep deficits in check while extending their sweeping 2017 tax cuts, the ...

The nonpartisan Congressional Budget Office released its latest 10-year budget outlook, which projected the U.S. is on track ...

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 Treasury Department released the Monthly Treasury Statement for December, showing the United States borrowed $2.0 trillion in calendar year 2024, $711 billion in the first three months of fiscal ...

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% ...

It estimated that the increase in revenue would help shrink the federal budget deficit by $2.7 trillion from fiscal years ...

You wouldn’t know the state is eyeing a nine-digit deficit for the fiscal year that starts July 1 judging by the size of Gov.

The U.S. Congressional Budget Office released new data this week showing that in the last calendar year, the federal deficit ...

Gavin Newsom has proposed a $322 billion budget without a deficit, a welcome change after two years of ... Donald Trump will ...