Fifteen years ago, when the Barack Obama–Joe Biden ticket first got elected, America’s three highest federal deficits on record, in inflation-adjusted dollars, were all from World War II. Since then, ...

Budget Deficit. Federal Deficit Hit $984 Billion Last Year—a Nearly 50 Percent Increase Since Trump Took Office In three years in office, Trump has added more to the national debt than President ...

The U.S. Federal deficit was $587 billion in Obama’s last year and it grew to $666 billion in Trump’s first year of his presidency.I’ve been reviewing a report from the U.S. Treasury ...

Here’s a chart I shared back in January. Source: Congressional Budget Office Between reduced tax revenues and increased spending, I now expect this year’s deficit will be at least $4 trillion.

The deficit as a share of GDP peaked around 4.4% after the 1991 recession before falling to 3.7% by the end of 1993. The 10-year Treasury yield fell nearly 2.5 percentage points to around 6.4% at ...

When all was said and done, the U.S. government tallied a $587 billion federal deficit in fiscal 2016. This Handy Chart Shows How Much Money the Government Collected in 2016 and Where it Was Spent ...

But all federal policymaking uses a 10-year budget window for the purposes of calculating deficits—thats why big pieces of legislation frequently are structured to game the CBO's deficit scoring ...

These trends are projected to continue for the near future. According to CBO projections, federal spending is expected to increase in lockstep over the next 10 years, and the annual deficit is on ...

Last month the Treasury Department figured that the FY2012 deficit would clock in at about $1.1 trillion, or 7 percent of GDP. That’s down considerably from three years ago, when the deficit ...

These charts should alarm Congress and Biden. ... In 2023 — with the economy humming along — the federal deficit is spiking to $2 trillion, ... That’s double last year’s deficit.