News

The Treasury Department reported on Friday that the budget shortfall increased by $64 billion to $1.3 trillion in the first ...
The data shows that tariff revenues are starting to build into a significant revenue contributor ahead of an August 1 ...
America just booked a $27 billion budget surplus in June, a rare sight not seen since 2017, according to the Treasury Department’s Friday report. After bleeding $316 billion in red ink the month ...
The federal budget deficit is back in the spotlight after the Republican-controlled Congress approved a massive tax and ...
The U.S. budget deficit grew to $1.833 trillion for fiscal 2024, the highest outside of the COVID era, as interest on the federal debt exceeded $1 trillion for the first time and spending grew ...
One of the investors who called and profited off the subprime mortgage collapse of 2008, Steve Eisman, is brushing off ...
The CBO says it would add $3.4 trillion to the deficit over the next decade. For decades, fiscal hawks have warned about the ...
The US budget deficit ballooned to nearly $1 trillion for the 2019 fiscal year, according to data released by the Treasury Department on Friday, the biggest gap since 2012 – despite President ...
The US budget deficit hit $234 billion in the month of February, up 8.7% compared to the same month last year. The February budget deficit was also the highest one-month deficit on record, ...
U.S. gross customs duties revenue grew to a record $27.2 billion in June as collections from President Donald Trump's tariffs ...
The US budget deficit was slashed in half during fiscal year 2022, a record $1.4 trillion drop driven by the winding down of massive pandemic-related spending and a jump in revenues for the ...