The US government saw its budget deficit widen from the prior year in the October to June period as spending rose. On the ...

The US federal budget deficit grew between October and June compared to the same period last year, despite the increase in tariff revenues, according ...

The data shows that tariff revenues are starting to build into a significant revenue contributor ahead of an August 1 ...

The Treasury Department reported on Friday that the budget shortfall increased by $64 billion to $1.3 trillion in the first ...

People have been wringing their hands about the US’ imminent debt crisis for decades now. But the US weathered the 2008 financial crisis and remains standing. It also has never defaulted on its debts.

The U.S. government ran a $27 billion budget surplus in June, fueled in part by record tariff revenue, according to ...

The federal budget deficit is back in the spotlight after the Republican-controlled Congress approved a massive tax and ...

One of the investors who called and profited off the subprime mortgage collapse of 2008, Steve Eisman, is brushing off ...

Larry Summers said the bill likely would not make the economy stronger, and flagged concerned over the amount it would add to ...

The CBO says it would add $3.4 trillion to the deficit over the next decade. For decades, fiscal hawks have warned about the ...

WASHINGTON (Reuters) -U.S. gross customs duties revenue grew to a record $27.2 billion in June as collections from President ...