US budget deficit to grow to $1.853 trillion in FY2026, CBO says

By David Lawder and Richard Cowan WASHINGTON, Feb 11 (Reuters) - The U.S. budget deficit will grow slightly in fiscal 2026 to ...

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 ...

Trump-data mismatch on US economy: Growth stays low, budget deficit to hit record $1.85 tn

US growth is projected to remain modest at around 2 per cent even as the federal budget deficit is set to hit a record $1.85 ...

Federal Debt to Hit Record Levels, Budget Office Warns

The C.B.O. said that the amount of debt held by the public is expected to become much larger than the annual output of the ...

One Big Beautiful Bill Act will add $4.7 trillion to deficits: CBO

The One Big Beautiful Bill Act, passed by Republicans and signed by President Donald Trump last year, will add $4.7 trillion to deficits through 2035, according to the Congressional Budget Office. The ...

President Trump just missed a key legal deadline for his spending plans—stoking economists’ fears over the $38.5 trillion national debt

"We won’t be able to fix the debt without touching Social Security, Medicare, defense, or revenue—the math just doesn’t work.

Trump boasts his tariff blitz has ‘created an American economic miracle’ in WSJ op-ed

President Trump bragged Friday that his tariff blitz has “created an American economic miracle,” while blasting Democrats for handing him a “catastrophically” high budget deficit. Trump shared his ...