The Federal Government ran a $1.8T budget deficit for the fiscal year, with a $560B deficit in the last quarter alone.

Presidents have a significant impact on both the national debt and the budget deficit because they propose the federal budget to Congress each year. As of April 2024, President Joe Biden has ...

The winner of the presidential election and majorities in Congress will face several looming fiscal deadlines for the ...

The United States borrowed $255 billion in the first month of fiscal year 2025, according to the latest Monthly Budget ...

President Biden has largely kept those tariffs in place. The U.S. trade deficit with the world in 2017, one year before the trade war went into effect: $1.06 trillion. The trade deficit in 2023 ...