The U.S. is projected to run a budget deficit of at least $2 trillion in fiscal year 2026, according to Treasury Department ...
Debt held by the public will balloon to more than $56 trillion by 2036 as annual deficits continue to mount, according to the latest projections from the Congressional Budget Office. By later this ...
U. S. Treasury Secretary Scott Bessent pledged in two congressional hearings this week to cut the federal deficit to 3% of ...
Thu, March 5, 2026 at 6:55 PM UTC A federal court ruling in favor of tariff refunds reduces one of the economic upsides of import taxes—their benefit to the federal budget. On Wednesday, a federal ...
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 Security, Medicare, ...
Looking at the average monthly deficit, January and February were both worse than average, whereas March was slightly better. The latest quarter was slightly better than last Q2 and also better than ...
The U.S. national debt is the accumulation of money borrowed to cover the national deficit over time. The highest level of ...
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 Security, Medicare, ...