The Treasury Department reported on Friday that the budget shortfall increased by $64 billion to $1.3 trillion in the first ...

The federal budget deficit is back in the spotlight after the Republican-controlled Congress approved a massive tax and ...

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 data shows that tariff revenues are starting to build into a significant revenue contributor ahead of an August 1 deadline that Trump has set for "reciprocal" rates to kick in.

One of the investors who called and profited off the subprime mortgage collapse of 2008, Steve Eisman, is brushing off ...

Steve Eisman isn't worried about the US debt, and says people talking about it are probably trying to replicate his own ...

The CBO says it would add $3.4 trillion to the deficit over the next decade. For decades, fiscal hawks have warned about the ...

The government fiscal year closes at the end of September, but this analysis will look at the calendar year budget.

Budget hawk Sen. Rand Paul (R-KY) on Tuesday mocked the Senate plan to cut $9.4 billion in Biden-era spending, demanding that if the chamber can’t make cuts of $100 billion or more, then the “public ...

Until we raise taxes or reduce spending to shrink deficit — or the world resists purchasing U.S. Treasuries — rational ...

Now that the budget bill has passed Congress, we can see clear projections for how it will impact deficits, government debt, and debt service expenses.