The U.S. federal spending hit a record-breaking $603.4 billion in February, despite the efficiency drive led by Tesla (NASDAQ ...
Extending the expiring tax cuts for individuals and large estates would double down on the flaws in the 2017 law by giving ...
The U.S. imported $1.2 trillion more in goods in 2024 than it exported, a record annual deficit and a major economic irritant for President Trump. On Feb. 13, the president announced that his ...
Peterson Foundation. Our federal government is spending considerably more each year than it brings in. As deficit spending grows so does the interest on the debt the U.S. must pay annually.