The federal deficit and national debt are expected to grow by trillions of dollars over the next decade, according to 10-year projections from the nonpartisan Congressional Budget Office (CBO). The ...

“Our nation’s deficits, debt, interest payments, and trust funds are all in terrible shape,” says Maya MacGuineas, president ...

In a new projection from the nonpartisan Congressional Budget Office, the federal budget deficit - the gap between government revenue vs. spending - will be $1.9 trillion for the 2024 fiscal year.

President Donald Trump’s first year of his second, nonconsecutive term brought all sorts of changes. His administration shuttered the United States Agency for International Development, had the ...

The federal budget deficit has topped $1 trillion for a fourth straight year, according to NBC News and wire services. But a modest improvement in economic growth helped narrow the gap by $207 ...

The U.S.’s fiscal year has kicked off with a record amount of tariff revenue flowing into the Treasury, while the government shutdown slightly reduced spending. Yet the government still posted a ...

Representatives Bill Huizenga (R-MI) and Scott Peters (D-CA), co-chairs of the Bipartisan Fiscal Forum (BFF), joine ...