It is the accumulated borrowing of the federal government over many years. What is the budget deficit? It is the yearly ...

The richest 1% of Americans hold 31% of our total wealth. In 1968, it was about 20%, and they paid higher taxes. | Opinion ...

The CBO study also warns of trillions of dollars in additional economic impacts, saying President Donald Trump’s recently ...

The U.S. federal budget deficit is expected to nearly double this year, growing to $2 trillion as a result of higher interest rates and lower tax revenue.

The numbers: The U.S. federal budget deficit fell to $1.37 trillion in the just-ended fiscal year, the Treasury Department said Friday, half the amount of last year’s shortfall.

The federal budget deficit, an on-again, off-again concern for the US electorate and economy, is back on and may stay that way for a while. Chronic challenges such as America’s aging population ...

One of the Trump administration’s biggest tariff boosters, Commerce Secretary Howard Lutnick, recently said tariffs not only will energize the U.S. industrial sector but also help the government’s ...

The US federal government’s budget deficit widened in February by $262 billion, bringing the gap for the first five months of the fiscal year to $723 billion. Skip to content.

During fiscal year 2022, the US budget deficit was slashed in half, falling to under $1.4 trillion, amid a winding down of pandemic-related spending and a jump in revenue from the surging economic ...

WASHINGTON — The United States federal budget deficit jumped 26 percent in the 2019 fiscal year to $984 billion, reaching its highest level in seven years as the government was forced to borrow ...

The U.S. federal budget deficit totaled $2.8 trillion during the 2021 fiscal year, marking the second-highest budgetary shortfall on record, but a slight improvement from the previous year as the ...

Total federal borrowing increased by $2 trillion to $24.3 trillion total, partly driven by additional borrowing to finance the federal budget deficit. The U.S. government pays interest to its ...