The federal government spent $126.6B more than it collected in January, exceeding the $89.9B consensus estimate, according to ...

The monthly government budget release is typically a pretty sleepy one. I know, because I'm sitting there at 2 p.m. Eastern ...

Gov. JB Pritzker will present his seventh budget proposal Wednesday as the state faces a projected $3.2 billion revenue ...

Speaking to reporters for the first time since he took charge of the Trump administration's cost-cutting initiative, Elon ...

Remember that the federal deficit hit an unsustainable ... All of it adds up to not only an annual deficit approaching $2 trillion but also a national debt that has topped a mind-boggling $36 ...

Read about GAO's recent report about rising U.S. federal debt, its drivers and what steps should be taken to correct it.

For example, even with entitlement spending the federal deficit under President Trump was $0.67 trillion in 2017, $0.78 trillion in 2018, and $0.98 trillion in 2019. Biden’s annual deficits ...

with hardline conservatives determined to reduce an annual federal deficit approaching $2 trillion. With a narrow 218-215 House majority, they need near-total unity as they prepare to vote within ...

Civilian federal government employment in December ... If the debt is roughly 100% of GDP, as is currently the case, an annual deficit equivalent to 4% of GDP would keep the debt-to-GDP ratio ...

Outside of reconciliation, the budget also includes a net $7.8 trillion of deficit reduction over the next decade that would result in the debt stabilizing at its current level of 99 percent of Gross ...

MOSCOW. Feb 11 (Interfax) - Russia had a federal budget deficit of 1.706 trillion rubles or 0.8% of GDP according to preliminary data in January 2025, the Finance Ministry said in a monthly brief. The ...