Bond yields have spiked this week on investor concern over the tax bill swelling the US deficit. Here's why markets are ...

This trend is expected to keep budget deficits at or above 5.5% of GDP through 2034. In CBO’s latest June projections revealed Tuesday: Chart: US Budget Deficits Runs Way Wider Than Its Post-War ...

The United States has run an annual budget deficit for the 23rd straight ... fall short)? Here's a chart of YTD deficit spending (not including September), illustrating receipts and outlays ...

The US House of Representatives recently passed a budget for the 2025 fiscal year, H.R.1: 'One Big Beautiful Bill Act,' or ...

The Committee for a Responsible Federal Budget, a nonpartisan independent public policy organization, projects that a ...

WASHINGTON (Reuters) -The U.S. budget deficit grew to $1.833 trillion for ... fiscal responsibility by ensuring the wealthiest among us and large corporations pay their fair share and cutting ...

The U.S. budget deficit surged past the $1 trillion mark in February, less than six months into fiscal year 2025. According to the Department of the Treasury, the federal government so far has ...

Relief following the tariff war de-escalation looks set to be quickly replaced by government budget tensions. Alarms are ringing loudly as the U.S. hits an historic debt metric even as the ...

The federal government recorded one of the largest budget deficits in U.S. history this year when fiscal year 2024 concluded. The nonpartisan Congressional Budget Office (CBO) projected to record ...

The Congressional Budget Office (CBO) projected Friday that the federal budget deficit would hit $1.9 trillion in fiscal 2025. The nonpartisan budget scorekeeper estimated that federal spending ...