The US budget deficit has grown to more than $1.3 trillion in the first half of the 2025 fiscal year the second highest ...

Over the four years of President Biden’s term – from January 2021 through January 2025 – we estimate that he approved $4.7 ...

The U.S. budget deficit for the first five months of fiscal 2025 hit a record $1.147 trillion, the Treasury Department said on Wednesday, including a $307 billion February deficit for President Donald ...

If borrowing increases by as much as allowed under the reconciliation legislation, we estimate it would double the growth of debt as a share of Gross Domestic Product (GDP), with debt-to-GDP reaching ...

The U.S. budget ... through the fiscal year and yet we have done nothing in the way of making progress toward getting our skyrocketing debt under control," the group's president, Maya MacGuineas ...