Treasury yields have come down in the past three weeks, but all the work has been done by falling real interest rates (probably signalling lower growth expectations). Most measures of the term premium ...

Yet the Government Accountability Office estimates that the government loses roughly $50 billion to $100 billion a year to ...

Adding 2 percent of G.D.P. to the budget deficit would add a substantial amount to its twin, the trade deficit (broadly ...

Congressional Republicans in both chambers are attempting to make cuts to federal spending while also boosting defense ...

The federal deficit increased by $196 billion so far this fiscal year, as spending on social safety-net services and defense ...

NEW YORK (AP) — The U.S. trade deficit soared to a record $140.5 billion in March as consumers and businesses alike tried to ...

Almost nothing about the BCA happened according to plan. The 2011 law led to sudden cuts after a congressional failure to agree on long-term deficit reduction.