US Adds $624 Billion to Debt After Two Months
The U.S. national debt surged by $624 billion just two months into fiscal year 2025, reflecting a significant fiscal strain as spending continues to outpace revenue. The federal government spent $1.25...
Without Spending Cuts Trump Will Add Twice as Much to the National Debt Than Harris
A new analysis by the Committee for a Responsible Federal Budget (CRFB) has raised a red flag on the fiscal plans of both former President Donald Trump and Vice President Kamala...
Deficit Falls Slightly But Is Still Over $1.7T
The U.S. federal budget deficit has narrowed to $1.7 trillion over the past 12 months ending March 2024, showing a $280 billion decrease from the same period a year earlier. This...
Budget Deficit Still Setting Records
“The U.S. budget deficit grew to a record $2.1 trillion during the first eight months of the fiscal year as spending continued to outpace tax receipts that are rising as the economy...
Biden’s $6 Trillion Budget
“After weeks of touting the benefits of President Joe Biden’s proposed spending increases, the White House will lay out on Friday the effects on the federal debt of his first budget...
