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 ...
Government deficit rose 4% in Trump’s first full month in office, despite DOGE. UBS says the U.S. is slashing confidence, not spending
While the government did cut its outlays in February the budget deficit for the month more than doubled compared to January ...
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 ...
Just The News1d
US deficit sets record with $1.1 trillion in first five months of fiscal year 2025
The new numbers, released Wednesday, showed the deficit between October 2024, and February 2025. The deficit for February ...
Mises Institute2d
Spending Cuts Won’t Weaken the US Economy. They Will Strengthen It.
The United States will not enter a recession due to the change of administration, but because of the excess spending policies ...
US deficit rises $307B in February
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 ...
Trump and Reagan both promised to reduce the size of the federal bureaucracy. Only one had a plan.
More than four decades apart, the two Republicans campaigned on similar anti-big government themes. Once in office, they ...
Opinion
The national debt is about to hit a terrifying number no matter what we do
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.
Facing a deficit, Brown University freezes hiring, citing ‘uncertainty’ from federal government
There continues to be significant uncertainty about the full financial impact of the ongoing volatility of the national ...
Trump’s $5 million idea to reduce the deficit and reduce immigration fraud
Donald Trump and his pet program DOGE have been looking for ways to reduce the deficit. The president’s latest idea is a ...
US trade deficit hits record high in January on imports surge
The U.S. trade deficit widened to a record high in January amid front-loading of imports ahead of tariffs, suggesting that ...
US trade deficit hits record high in January as imports surge
Imports soared 10 per cent to $633.6 billion, the most in almost five years, as tariff clouds spurred a buying wave.