Since Donald Trump returned to the White House in January, the federal deficit has declined by $516 billion on a trailing-12-month basis. Spending is basically flat, but revenue is up a remarkable 8.5 ...

Looking at the average monthly deficit, January and February were both worse than average, whereas March was slightly better. The latest quarter was slightly better than last Q2 and also better than ...

Recently, the Congressional Budget Office released its budget projections. Unsurprisingly, the outlook is dismal, and it is somewhat more dismal than last year. The net result is that deficits as a ...

WASHINGTON (AP) — The nonpartisan Congressional Budget Office’s 10-year outlook projects worsening long-term federal deficits and rising debt, driven largely by increased spending, notably on Social ...

President Trump’s tariffs aren’t working as advertised. Taxes on imports can’t shrink the trade deficit, significantly boost U.S. manufacturing or improve the lot of most ordinary Americans. At the ...

NEW YORK, Sept 16 (Reuters) - While U.S. corporate taxes and interest rates fell over the past 40 years, the federal deficit soared. Does that mean the federal government is now justified in taking a ...