News

The Treasury Department reported on Friday that the budget shortfall increased by $64 billion to $1.3 trillion in the first ...
President Trump’s new spending bill will increase federal deficits, adding to a debt load that’s already grown more than 50% ...
The government fiscal year closes at the end of September, but this analysis will look at the calendar year budget.
The US federal budget deficit grew between October and June compared to the same period last year, despite the increase in tariff revenues, according ...
The US budget deficit is the story markets are fixated on this week, with panicked bond investors sending yields spiraling higher and spooking the stock market.
Tariff income won’t come close to balancing the federal fisc.
The data shows that tariff revenues are starting to build into a significant revenue contributor ahead of an August 1 ...
Financial problems are piling up at Chicago Public Schools, amid the district’s growing budget deficit and more cuts from the ...
By James Knightley, Dmitry Dolgin, & Padhraic Garvey, CFAUS President Donald Trump's fiscal policies, including the One Big Beautiful Bill Act (OBBBA) ...
The office also estimated that the federal budget deficit for the first nine months of the 2025 fiscal year, which began in October, is $1.3 trillion. The number is $65 billion more than it was for ...
Nebraska’s budget deficit grows by $190 million with less than a month to close the gap Senators suggest new sales taxes, increased sin taxes, changes to prison or Perkins County Canal, ‘pause ...
Republicans and Democrats have been arguing for months about the pros and cons of President Donald Trump’s One Big Beautiful ...