The Congressional Budget Office on Wednesday warned yet again that the US is on an unsustainable fiscal path, jacking up its ...
The federal government has borrowed $1.6 trillion over the past 12 months based on the latest estimates from the ...
WASHINGTON, Feb 11 (Reuters) - The U.S. government posted a $95 billion budget deficit in January, down $34 billion or 26% from a year earlier as revenue gains including customs duties outpaced growth ...
The Congressional Budget Office expects the U.S. federal deficit to rise more over the coming years than previously expected, a release by the agency showed Wednesday.
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 ...
Forbes contributors publish independent expert analyses and insights. James Broughel is an economist focused on the economics of regulation. A debate over US trade deficits has been raging online, ...
Roughly a third of the revenue boom resulted from Trump’s unprecedented, near-universal tariffs on imports. Yet more than half of the revenue increase came from rising wages and realized capital gains ...