New data from the Treasury Department shows the federal deficit is $318 billion larger in the first five months of fiscal ...
While the government did cut its outlays in February the budget deficit for the month more than doubled compared to January ...
The U.S. budget deficit for the first five months of fiscal 2025 hit a record $1.147 trillion, the Treasury Department said ...
The new numbers, released Wednesday, showed the deficit between October 2024, and February 2025. The deficit for February ...
The United States will not enter a recession due to the change of administration, but because of the excess spending policies ...
As the Donald Trump administration underwent efforts to cut government spending and the federal workforce in its first full month, the United States remained on a trajectory of increasing monthly ...
More than four decades apart, the two Republicans campaigned on similar anti-big government themes. Once in office, they ...
Elon Musk's DOGE efforts have saved roughly $100 billion. But that's nowhere near enough to bring fiscal sanity and stop the national debt from reaching $40 trillion.
There continues to be significant uncertainty about the full financial impact of the ongoing volatility of the national ...
Donald Trump and his pet program DOGE have been looking for ways to reduce the deficit. The president’s latest idea is a ...
The U.S. trade deficit widened to a record high in January amid front-loading of imports ahead of tariffs, suggesting that ...
Imports soared 10 per cent to $633.6 billion, the most in almost five years, as tariff clouds spurred a buying wave.