The Congressional Budget Office (CBO) on Wednesday released data showing the federal government ran a $1.8 trillion budget deficit in fiscal year 2025 amid mounting interest costs on the nearly $38 ...
WASHINGTON, Aug 22 (Reuters) - President Donald Trump's increased tariffs on U.S. imports from foreign countries could reduce the national deficit by $4 trillion over the next decade, the ...
The Parliamentary Budget Officer estimates the federal deficit will hit $46 billion in the 2024-2025 fiscal year because of ...
Fitch Ratings cited the “increased fragmentation and polarization” of politics in the debt-laden country as justification for the downgrade. By Liz Alderman Liz Alderman, who writes about business and ...