WASHINGTON (AP) — The U.S. budget deficit has grown to more than $1.3 trillion in the first half of the 2025 fiscal year — ...

With Congress embarking on budget reconciliation to ... UBS projects persistently wide deficits will push debt-to-GDP sharply higher in the coming years -- reaching approximately 110% by 2027 ...

The nonpartisan Congressional Budget Office (CBO) recently released its long-term budget outlook and showed that budget deficits are on track to widen in the years ... in 2055. US FACES DEFAULT ...

recently released its long-term budget outlook and showed that budget deficits are on track to widen in the years ahead, pushing the national debt well above the size of the U.S. economy.

Maryland lawmakers are scheduled to end their legislative session late Monday in a challenging budget year that was aggravated ... addressed a $3.3 billion deficit by making cuts throughout ...

“The question that I have is, does this take us to a place ... process known as budget reconciliation to try to deliver trillions of dollars in tax cuts later this year. The process has been ...

President Donald Trump ignited a global trade war by announcing a plan to impose a 10% baseline tariff on most goods imported to the United States on ... the U.S. trade deficit with South Korea has ...

that indicated the US budget deficit and federal debt are bound to grow, albeit at slower speeds than projected a year ago. These dire forecasts send an "unambiguous message" that "there'll be a ...

The deficit is slightly less than the $123.4 billion trade gap forecast by economists surveyed by the Wall Street Journal. The deficit has increased 86% year over year, with imports increasing 21. ...

The Senate Budget Committee unveiled its proposed concurrent Fiscal Year (FY) 2025 budget resolution yesterday, setting the stage for reconciliation legislation that would allow lawmakers to add up to ...

Senate rules require legislation passed through budget reconciliation — the avenue Republicans are using for Trump’s agenda package — can’t add to the deficit after a 10-year period.