WASHINGTON (Reuters) -The U.S. budget deficit shrank by $41 billion to $1.775 trillion in the 2025 fiscal year as an increase ...

The treasury department says the Trump administration's tariffs are largely responsible for decreasing the budget deficit.

The United States borrowed $1.8 trillion in Fiscal Year (FY) 2025 according to the latest Monthly Treasury Statement from the Treasury Department. This deficit is similar to last year’s, despite an ...

The Congressional Budget Office announced that the federal budget deficit for fiscal 2025 actually fell by $80 billion, or 4% ...

The federal government managed to escape with a $1.78 trillion shortfall, some $41 billion, or 2.2%, less than fiscal 2024.

On the first day of budget hearings on Tuesday, city department heads presented the consequences of impending cuts.

America’s national debt is spiraling higher by the second. At the time of writing it sits at over $37.8 trillion, and there ...

The Congressional Budget Office on Thursday estimated the U.S. federal budget deficit would shrink to $2.258 trillion in fiscal 2021 from $3.132 trillion last year, but the projections exclude ...

The U.S. federal budget shortfall stood at $1.81T in fiscal-year 2025, the Congressional Budget Office estimated in its ...

While France has a long history of hefty overspending, economists say political turmoil – which has stalled policymaking – is ...

September meeting, and the University of Michigan will release the results of its consumer survey. This week also brings ...