How Will Unsustainable U.S. Debt End?

There are 6 ways an unsustainable debt path can come to an end: faster economic growth, lower interest rates, default, ...
Committee for a Responsible Federal Budget

12-Month Deficit Totals $1.7 Trillion, Debt Approaches 100% of GDP

The federal budget deficit totaled $1.74 trillion between November 2024 and October 2025 according to estimates from the Congressional Budget Office (CBO). The rolling deficit is $38 billion lower ...
Hosted on MSN

Buffalo comptroller pegs city deficit at $14.7 million

Comptroller Barbara Miller Williams is urging the Scanlon administration and common council to authorize use of the city's "rainy day fund" to correct the deficit. Those millions of dead people ...
thedeepdive

Breaking Down Budget 2025: Deficits, Borrowings, Investments

A projected $78.3 billion deficit headlines the Budget 2025 that the Carney government tabled for the current fiscal year, up from the $42.2 billion shortfall previously estimated. The deficit is ...
The New York Times

Is the U.S. Trade Deficit an ‘Emergency’?

Many of the president’s tariffs rest on the legal claim that the gap between what America imports and exports is a national emergency, an idea that remains contentious. By Ana Swanson Ana Swanson ...
Reuters

Carney's first budget doubles Canada's deficit in attempt to counter US trade rift

OTTAWA, Nov 4 (Reuters) - Canada's budget shortfall will more than double this year as Prime Minister Mark Carney pours billions of dollars to fight U.S. tariffs, boost defense spending and diversify ...