As congressional Republicans struggle to keep deficits in check while extending their sweeping 2017 tax cuts, the ...
The three-month fiscal year 2025 deficit ... have combined to send deficits spiraling and have pushed the national debt past the $36 trillion mark. The federal budget sank further into red ink ...
The numbers: The U.S. federal budget deficit widened to a record $711 billion ... Market reaction: The yield on the 10-year Treasury note BX:TMUBMUSD10Y was up to 4.80% in late afternoon trading.
Even if those tax breaks are allowed to lapse at year’s end, the federal budget deficit will ... far higher than the 3.8% average of the past 50 years. The deficits are notably large considering ...