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 ...

As we noted before, this $2 trillion spending cut – $1.7 trillion net of the spending increases – would not be the largest ...

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

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

Senate Republicans aren’t seeing eye to eye with their colleagues in the House over places to cut spending in order to pay for their extension of the 2017 Trump tax cuts. GOP members of the Senate ...

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

The nation logged a deficit of ¥257.6 billion in the current account compared with a surplus of ¥334.3 billion a year before.