It’s going to take a lot more than some trimming around the edges to change the federal government’s current trajectory into ...

In 2020, Trump’s last full fiscal year in office, the federal deficit was 14.7% of gross domestic product—the biggest shortfall since World War II—mostly as a result of emergency pandemic rel ...

Federal spending is actually higher this year than it was at this point in 2024 ... Federal debt as a share of G.D.P. A chart shows federal debt as a share of gross domestic product, from 1900 ...

Worries about government deficits ... federal deficit by the midpoint of his two-term administration. It reached as high as 5.7% of GDP in 1983—enough to prompt concern among investors. In that ...

The CBO's latest long-term budget projections show federal deficits accelerating to 7.3% of the economy in fiscal year 2055 from 6.2% in 2025. That is up from the 30-year average from 1995 to 2024 ...

Without going after the massive spending programs, DOGE will only make a lot of noise without accomplishing anything.

Here are seven key budget charts that shed light on the nation’s finances, the economic outlook and what lies ahead.

With just over a week left in the federal election campaign ... The platform also states that the Liberal government will have a budget deficit of $62.3 billion this year, but that the deficit would ...

The Congressional Budget Office said Tuesday that it projects this year's federal budget deficit to be $400 billion higher, a 27% increase compared to its original estimate released in February.