US Treasury reports record $711 billion budget deficit for first months of 2025
The $711 billion October-December deficit was $201 billion higher than the $510 billion deficit in the same period a year ...
Federal budget deficit expected to soar to $2.7 trillion in 2035, highlighting pressure on GOP
As congressional Republicans struggle to keep deficits in check while extending their sweeping 2017 tax cuts, the ...
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US to see rising debt, deficit in next decade: budget office
Trump has vowed to take quick action to hike tariffs on imports -- cast as a potential way to boost revenues -- while his ...
New budget projections show US hitting debt record in 4 years: CBO
The nonpartisan Congressional Budget Office released its latest 10-year budget outlook, which projected the U.S. is on track ...
U.S. posts record $711 bln deficit for first three months of fiscal 2025
The U.S. government posted an $87 billion budget deficit in December, reduced partly by a shift of benefit payments into ...
U.S. budget deficit swells to record $711 billion in first quarter of fiscal year
The U.S. federal budget deficit widened to a record $711 billion in the first three months of the fiscal year, up from $510 ...
U.S. budget deficit grows to over $700 billion
Swings in the bond market recently sent the yield on the 10-year Treasury above 4.80% and its highest level since 2023. The ...
US Deficit Tops $700 Bn To Hit Record In October-December
The US budget deficit widened to a new record in the October to December period, according to Treasury Department data released Tuesday, as spending grew while tax revenue slipped.
GT Voice: Record US fiscal deficit calls for vigilance from developing world
The accelerated expansion of the US fiscal deficit not only plunges US government debt into an increasingly unsustainable ...
US Trade Deficit Widens on Largest Jump in Imports Since 2022
The US trade deficit widened in November, reflecting the biggest jump in imports since March 2022 as companies accelerated ...