The U.S. budget deficit for the first five months of fiscal 2025 hit a record $1.147 trillion, the Treasury Department said ...

Data disclosed by the Treasury Department showed an adjusted gap between federal spending and revenue of $1.063 trillion for ...

The U.S. debt and deficit problem worsened during President Donald Trump's first month in office, as the budget shortfall for ...

The new numbers, released Wednesday, showed the deficit between October 2024, and February 2025. The deficit for February ...

Conservative fiscal hawks are slamming an untested accounting tactic being pushed by some GOP lawmakers that would allow ...

Trump wants to reduce the $1.2 trillion trade deficit, so he’s putting tariffs on popular imported goods from smartphones to ...

The federal budget deficit totaled $2.2 trillion between March 2024 and February 2025 based on estimates from the ...

The United States borrowed $1.1 trillion in the first five months of fiscal year 2025, including $307 billion in February, according to the latest ...

Tariffs are Trump's weapon of choice in on-again, off-again trade wars with Colombia, Canada, Mexico, China, importers of ...

The amount of money the government is taking in is outstripped by federal outlays. Fixing this won't be easy, especially in ...

Soaring government spending pushed Russia's budget deficit to 2.70 trillion roubles ($31.45 billion) in the first two months ...

While the government did cut its outlays in February, the budget deficit for the month more than doubled compared to January due to a drop in income.