The federal government borrowed $1.3 trillion during the first six months of the current fiscal year, the Treasury Department ...

In Japan the triple yasu was associated with national decline. Yet a flight from all American assets represents a far greater ...

The U.S. budget deficit has grown to more than $1.3 trillion in the first half of the 2025 fiscal year — the second highest ...

(AP) — Maryland lawmakers ended their legislative session late Monday in a challenging budget ... federal jobs and contracts. Democratic Gov. Wes Moore and lawmakers addressed a $3.3 billion ...

MOSCOW, April 8 (Reuters) - Russia's budget deficit narrowed to 1% of gross domestic product (GDP), or 2.17 trillion roubles ($25.5 billion), in the first quarter of 2025, compared to 1.3% of GDP ...

If the president really wants to eliminate the trade deficit, his best option is to rein in the federal budget deficit, which would naturally reduce capital inflows by raising domestic savings.

If the president really wants to eliminate the trade deficit, his best option is to rein in the federal budget deficit, which would naturally reduce capital inflows by raising domestic savings.

If the president really wants to eliminate the trade deficit, his best option is to rein in the federal budget deficit, which would naturally reduce capital inflows by raising domestic savings.

Growth in the national debt will be driven by budget deficits widening from about 6.2% of GDP in 2025 to 7.3% in 2055 – well above the 1995-2024 average of 3.9%. Federal spending will continue ...

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 ahead, pushing the national debt ...