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US Treasury reports record $711 billion budget deficit for first months of 2025
The $711 billion October-December deficit was $201 billion higher than the $510 billion deficit in the same period a year earlier.
US budget deficit to hit $1.9 trillion in 2025: CBO
The Congressional Budget Office (CBO) projected on Friday that the federal budget deficit would hit $1.9 trillion in fiscal year 2025. The nonpartisan budget scorekeeper estimated that federal
US To See Rising Debt, Deficit In Next Decade: Budget Office
The United States is set to see its debt level swell to a record over the coming decade, the Congressional Budget Office said Friday, days before President-elect Donald Trump takes office.
New budget projections show US hitting debt record in 4 years: CBO
The nonpartisan Congressional Budget Office released its latest 10-year budget outlook, which projected the U.S. is on track to break a notable debt record in just four years.
3d
on MSN
Federal budget deficit expected to soar to $2.7 trillion in 2035, highlighting pressure on GOP
As congressional Republicans struggle to keep deficits in check while extending their sweeping 2017 tax cuts, the ...
3d
CBO sees US 2025 deficit flat at $1.9 trillion before any Trump tax changes
The Congressional Budget Office on Friday forecast a $1.865 trillion U.S. budget deficit for fiscal 2025, largely flat with ...
13d
Claims About Deficits Under Trump Are Missing Context
Is a quarter of the national debt attributable to budget deficits accumulated during the first Trump administration? Several ...
7d
on MSN
Republicans Considering SNAP Benefit Cuts As Part Of Deficit Reduction Plan
Republicans have long sought changes to SNAP, which provides more than $350 per month, on average, to 22 million households.
6d
U.S. posts record $711 bln deficit for first three months of fiscal 2025
The U.S. government posted an $87 billion budget deficit in December, reduced partly by a shift of benefit payments into ...
6d
on MSN
Experts worry as deficit tops $2 trillion in last year
The U.S. Congressional Budget Office released new data this week showing that in the last calendar year, the federal deficit ...
Opinion
Atlanta Journal-Constitution
11d
Opinion
Opinion: Make Jimmy Carter’s budget deficits great again
While Republicans have spent the past 40 years using the late President Jimmy Carter as a political punching bag — mainly on the economy and foreign policy — one thing you didn’t hear them attacking ...
Yen on MSN
13d
US trade deficit widens in November on imports jump
The US trade gap widened in November according to government data released Tuesday, as imports rose faster than exports ahead ...
Tampa Free Press on MSN
5d
Biden Handing Trump A Financial ‘Ticking Time Bomb’ As Gov’t Budget Deficit, Spending Soars
As President-elect Donald Trump prepares to return to the Oval Office next week, President Joe Biden is about to hand him a ...
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