The federal budget deficit totaled $1.7 trillion in Calendar Year (CY) 2025, according to estimates from the Congressional Budget Office (CBO). The deficit in CY 2025 is $369 billion less than the ...

The U.S. government's budget deficits are now projected to worsen throughout the next decade when compared with earlier forecasts this year, according to a new report by the nonpartisan Committee for ...

Since Donald Trump returned to the White House in January, the federal deficit has declined by $516 billion on a trailing-12-month basis. Spending is basically flat, but revenue is up a remarkable 8.5 ...

(The Center Square) – Republicans’ recently-passed One Big Beautiful Bill Act will add trillions to the federal deficit and debt over the next decade, according to the Congressional Budget Office’s ...

The U.S. House approved the Senate’s version of the budget reconciliation bill on July 3, 2025. Daniel Desrochers A massive federal spending bill, chock full of tax breaks and social welfare cuts, ...

WASHINGTON, Oct 12 (Reuters) - The ongoing shutdown debate between Democrats and President Donald Trump's Republicans is largely avoiding the difficult fiscal issues clouding the country's future - ...