Federal budget deficit hits record $1.1T in first 5 months of fiscal year
New data from the Treasury Department shows the federal deficit is $318 billion larger in the first five months of fiscal ...
US October-February budget deficit hits record $1.147 trillion
The U.S. budget deficit for the first five months of fiscal 2025 hit a record $1.147 trillion, the Treasury Department said ...
New Hampshire Business Review18m
The myth of runaway federal spending
Republicans love to claim they will cut “out-of-control” federal spending.  They say it often enough many believe out of control spending actually exists. Except it doesn’t.
Ray Dalio: We Need to Cut the Budget Deficit Now. Here’s How We Do It
In Ray Dalio's forthcoming book "How Countries Go Broke" he argues that the United States' budget deficit should be cut.
Committee for a Responsible Federal Budget14d
Continued Inflation Highlights Danger of More Deficits
The Federal Reserve’s preferred measure of inflation — the personal consumption expenditure (PCE) index — came in at 0.3 percent in January, twice the Federal Reserve’s implied target of 0.17 p ...
Forbes20d
On Spending Cuts, The DOGE Math To Lower Deficits Doesn’t Add Up
while revenues as a percent of GDP were close to their historic average (see chart) The main concern is that the federal budget deficit has swelled. It exceeded 6% of GDP in 2024, roughly twice ...