The charts below are based on information from the Congressional Budget Office, which does nonpartisan analysis for Congress.

Compare that with the same period last year under Joe Biden: federal spending back then came to about $26bn a day. Outflows ...

In Ray Dalio's forthcoming book "How Countries Go Broke" he argues that the United States' budget deficit should be cut.

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Discover the impact of high debts and interest rates on the global financial system, driving up gold prices and potential ...

By cutting rates, the RBI sends a message that it is ready to support growth, confident that the worst of inflation is over.

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The Congressional Budget Office projected that the federal deficit is expected to reach nearly $2 trillion this year in a newly released ... Maryland tops the charts with the most debt among ...

The CBO estimated the federal budget deficit reached $838 billion in the last four months, which is $306 billion more than the same time frame a year before, as outlays climbed 15 percent.

The 12-month rolling deficit – or the amount the federal government has borrowed over the past year – totaled $2.1 trillion, based on estimates from ...

The federal government spent $126.6B more than it collected in January, exceeding the $89.9B consensus estimate, according to the U.S. Treasury's monthly statement released on Wednesday. The budget ...

The United States borrowed $838 billion in the first four months of Fiscal Year (FY) 2025, including $127 billion in the month of January, according to the latest ...