Quick ReadA Bank of America (BAC) chart projects a $1.9 trillion U.S. deficit in fiscal 2026, with spending hitting $7.5 ...

The CBO reports the federal budget deficit hit $2 trillion as Social Security, Medicare and Medicaid spending surged alongside rising debt costs.

A look at H.R. 1’s tax and spending provisions, Medicaid and SNAP data, higher-education context, and a $4.1 trillion CBO deficit estimate.

Although it is not certain why rates have been rising so dramatically in the last month, it’s likely that they are being fueled by higher oil prices, a hot consumer spending rep ...

The fiscal year deficit for the federal government will be $200 billion more than the Congressional Budget Office (CBO) initially projected, the federal agency revealed Monday. In its monthly budget ...

Fiscal Year (FY) 2026 ended yesterday. Although official figures have not yet been released, our preliminary estimates show ...

The US federal budget deficit is on track to cross $2 trillion in fiscal year 2026, making it one of the biggest shortfalls ever recorded. The deficit is growing because federal spending is rising ...

Curbing the federal government's roughly $2 trillion budget deficit could lower inflation and current interest rates for households, a CRFB report finds.

Publicly held debt would explode to 222% of GDP by 2056, under a scenario where interest rates rise by 1 percentage point.

On Monday, the Congressional Budget Office (CBO) released its annual, beginning of the year update to its economic and budgetary projections, and there’s not much in the report to comfort the Trump ...