Donald Trump's claim that he cut the federal budget deficit by 27% in one year is false, as there are no credible sources to ...

Zooming out and looking over the history of the budget back to 2016 shows a more complete picture. The change since Covid is ...

The Rules Committee must suggest rule changes to help meet the target, including making budget rules more difficult to waive ...

The Congressional Budget Office (CBO) on Wednesday released data showing the federal government ran a $1.8 trillion budget deficit in fiscal year 2025 amid mounting interest costs on the nearly $38 ...

"In the financialized U.S. economy, each dollar of deficit spending may flow into a dollar of corporate profit." ...

During October, tax revenue remained robust at $404 billion, suggesting that the impact of October’s 20-year high in layoffs has yet to be felt. Year over year, the federal deficit grew in October by ...