GOP tax law fuels steeper deficits, partly buffered by Trump’s tariff revenue

The Congressional Budget Office reports that President Donald Trump’s tariffs have partially offset the deficit costs of the ...
Committee for a Responsible Federal Budget

12-Month Rolling Deficit is $1.6 Trillion in January 2026

The federal government has borrowed $1.6 trillion over the past 12 months based on the latest estimates from the ...

‘The fiscal trajectory is not sustainable’: CBO warns about the highest debt in U.S. history as Trump adds $1.4 trillion to 10-year deficit

The national debt is set to surpass the historical high of 106% of GDP that it reached in 1946 by 2030, according to the CBO.

Federal budget deficit narrows, but falls short of expectations

The Federal Budget Balance is a critical economic indicator, with a positive number indicating a budget surplus and a negative number indicating a deficit. A higher than expected reading is generally ...
NBC Connecticut

Despite Cuts Federal Deficit Still Tops $1 Trillion

The federal budget deficit has topped $1 trillion for a fourth straight year, according to NBC News and wire services. But a modest improvement in economic growth helped narrow the gap by $207 ...

‘Nothing short of self-sabotage’: Watchdog warns about national debt setting new record in just 4 years

“Our nation’s deficits, debt, interest payments, and trust funds are all in terrible shape,” says Maya MacGuineas, president ...
Just The News

U.S. added nearly $700 billion to national debt in four months, congressional budget office warns

Alarming number further heightens the risk America will experience some kind of financial crisis unless deficits are tamed, Committee for a Responsible Federal Budget's Maya MacGuineas says.
Washington Examiner

Don’t reverse progress on deficits with new spending

The U.S. government spent $173 billion more than it collected in revenues in November. But as bad as that sounds and is, it is nevertheless better than the $193 billion deficit posted in October and ...

'The deficit stars have aligned': State, federal cuts hit as county costs outpace revenue

Kern County is looking at a $14 million budget deficit in the coming fiscal year as local costs continue to outpace revenue ...

Federal deficit shrinks for the fourth straight month

The gap between government revenue and spending has narrowed for four straight months, helped by President Donald Trump’s tariffs and major cuts in spending on education.