The Congressional Budget Office (CBO) projected Friday that the federal budget deficit would hit $1.9 trillion in fiscal 2025. The nonpartisan budget scorekeeper estimated that federal spending ...

The U.S. budget deficit surged to a record of $1.9 trillion for the first seven months of this budget year, bloated by the billions of dollars being spent in coronavirus relief packages. The ...

Over the course of the decade from 2025 to 2034, CBO now projects cumulative deficits of $22.1 trillion, which is $2.1 trillion higher than previously expected because of a combination of policy ...

Ten months into the fiscal year, and the U.S. government is running a deficit of $1.52 trillion, with a few hundred billion dollars of additional red ink still expected to be spilled before Sept. 30.

The Congressional Budget Office announced Tuesday that the federal budget deficit is projected to hit $1.9 trillion this year, up $400 billion from February projections, in a new report. The ...

The CBO data shows that deficits decline slightly to $1.687 trillion, or 5.2% of GDP in fiscal 2027 before gradually rising to $2.637 trillion, or 6.5% of GDP in 2033.

The federal budget deficit will be nearly $2 trillion in fiscal 2024, the Congressional Budget Office estimated Wednesday.. The $1.9 trillion figure would be an increase from fiscal 2023’s ...

Yet this orthodoxy has been disrupted by the COVID-19 pandemic, and now President Joe Biden’s US$1.9 trillion (£1.4 trillion) stimulus package has buried it.

The U.S. economy and millions of people struggling because of the pandemic are about to get a US$1.9 trillion jolt of stimulating relief. On March 10, the House of Representatives approved a ...

The federal budget deficit projected to reach $1.9 trillion in 2025, the Congressional Budget Office reported, with spending set to increase and revenues to rise — but not enough to offset.

The U.S. budget deficit surged to a record of $1.9 trillion for the first seven months of this budget year, bloated by the billions of dollars being spent in coronavirus relief packages. The ...