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WASHINGTON (AP) — The U.S. budget deficit has grown to more than $1.3 trillion in the first half of the 2025 fiscal year — the second highest six-month deficit on record, according to Treasury ...
Florida U.S. Sen. Rick Scott lets trillions of dollars slip away in his 'common sense' argument for fiscal responsibility in national budgeting.
The torrent of tariffs President Trump has enacted so far in his second term would slash the federal deficit by $2.8 trillion if kept in place through fiscal year 2034, the Congressional Budget ...
Bond investors have been in a panic this week about the deficit. The GOP tax bill could add trillions to the US budget deficit in the next 10 years.. Here's why bond markets are dismayed by that ...
That’s right: Our borrowing now costs us more each year than each of these big, essential budget items. Meanwhile, federal debt held by the public, excluding Federal Reserve holdings, as a share ...
US Budget Deficit Grows to $1.3 Trillion, ... The Federal Reserve chairman says he still does not know how much of an impact President Donald Trump’s tariffs will have on inflation and the economy.