In a series of deals over the past three months, lawmakers rejected some of the president’s most aggressive attempts to whittle down the government.
It's an elephant in the room, called the US fiscal deficit. Let's start with the blunt truth: The United States government is running the largest peacetime deficit in its history, all the while its ...
Opinion
Here’s how Newsom’s spending binge outstripped revenues, creating California’s chronic deficit
Obscure charts show how California's spending exploded under Newsom, far outstripping its stagnant population growth, inflation and a hefty increase in revenues.
The Congressional Budget Office expects the U.S. federal deficit to rise more over the coming years than previously expected, ...
CBO projects that the shortfall will deepen in 2026 to $1.853 trillion, slightly more than 2025’s $1.775 trillion deficit. Looking further down the road offers a similarly concerning trajectory. Over ...
Trump’s economic blueprint is colliding with slowing oil output growth and widening federal deficits that threaten to derail ...
The U.S. national debt is set to break a World War II record by 2030, reaching 108% of GDP as the Congressional Budget Office warns of mounting fiscal challenges ahead.
WASHINGTON >> The U.S. budget deficit will grow slightly in fiscal 2026 to $1.853 trillion, the Congressional Budget Office forecast on Wednesday, showing that on balance, President Donald Trump’s ...
'It ain't worth it': Father's message to juveniles accused of Baltimore armed carjacking Shock and concern rippled through a barber shop on Lombard Street after a midday carjacking unfolded just ...
We’re not in the intensive-care unit, but we are moving towards that,” says Armínio Fraga, a former boss of Brazil’s central ...
Explore how deficit spending units operate, their effects on economies, and why they matter for households, businesses, and ...
Ninety lawmakers from across Oregon will gather today at the State Capitol in Salem to tackle a host of urgent issues, including balancing the state’s budget amid a looming deficit, keeping the ...
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