New estimates from the Congressional Budget Office show continuing fiscal strain, despite steady economic growth.

The Congressional Budget Office estimated Tuesday that the federal budget deficit for fiscal 2024 rose to $1.8 trillion, the highest in three years. The analysis showed that fiscal 2024’s deficit ...

The federal budget deficit swelled to $1.8 trillion in the fiscal year that ended in September, an enormous sum that ...

Yet again, the federal government spent far more than it collected in revenue, racking up a budget deficit of $1.8 trillion ...

Donald Trump’s tax-cut promises and military expansions could add $7.5 trillion to the US deficit, according to new estimates ...

The Congressional Budget Office estimated on Tuesday a U.S. federal deficit of $1.834 trillion for fiscal 2024, the highest ...

The Committee for a Responsible Federal Budget found a second Donald Trump presidency could heap billions of dollars more ...

Yet again, the federal government spent far more than it collected in revenue, racking up a budget deficit of $1.8 trillion for fiscal year 2024, according to the Congressional Budget Office.

With the national debt standing at more than $35 trillion, economists fear that the country’s debt load will only grow.