The federal budget deficit has been slashed in half 11 months into the financial year, due to delayed spending and soaring ...

The federal government is projected to run a budget deficit of at least $2 trillion this fiscal year, according to an estimate by the Treasury Department and bond market participants. Earlier this ...

The federal government had a $292.6 billion monthly deficit in May, bringing the total deficit for the first eight months of fiscal 2026 to more than $1.2 trillion.

In today’s news, the federal budget deficit has been slashed in half to $11 billion as tax revenue soars, Labor plans to strengthen its social media ban, and Karl Stefanovic speaks out after his ...

Debt held by the public will balloon to more than $56 trillion by 2036 as annual deficits continue to mount, according to the latest projections from the Congressional Budget Office. By later this ...

(The Center Square) - The United States federal budget deficit totaled $1 trillion in the first five months of fiscal year 2026, according to the Congressional Budget Office. The latest federal ...

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. The ...

A lawmaker from Arkansas is helping lead a bipartisan effort on Capitol Hill to improve how Congress handles budgets, hoping ...

Looking at the average monthly deficit, January and February were both worse than average, whereas March was slightly better. The latest quarter was slightly better than last Q2 and also better than ...

If you look closely, you can see some progress on cutting federal spending. At least that’s the conclusion of the respected Kim Strassel, writing recently in the Wall Street Journal before the ...