US estimated to have borrowed $127B in January: CBO
The Congressional Budget Office (CBO) estimated in a report on Monday that the federal government racked up a deficit of $127 ...
U.S. borrowed $838 billion in first four months of fiscal year, including $127 billion in January, CBO says
The U.S. budget deficit continues to widen, as outlays rise faster than receipts, the Congressional Budget Office said Monday. For the first four months of the fiscal year, the deficit was $838 ...
Republicans Bank on Growth Boom to Make Budget Math Add Up
The approach is crucial to convincing GOP colleagues—and voters—that Trump’s plans won’t make U.S. finances worse.
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Japan passes first Trump test with perfect timing
The friendly meeting also gives Ishiba a stronger hand heading into negotiations with Japanese lawmakers over his 115.5 trillion yen ($759 billion) budget ...
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How Much Money You’d Owe If the National Debt Was Divided by Household
If you feel your credit card bill is bad, you should see the amount of federal debt the United States holds. The rapidly growing deficit seems to indicate between what the government spends, ...
Trump wants to reduce the trade deficit. Here's why that matters.
President Donald Trump has made reducing the trade deficit a central part of his "American First Trade Policy." Here's what ...
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U.S. Debt by President: Dollar and Percentage
Over the past 60 years, nearly every U.S. president has run a record budget deficit at some point ... Roosevelt entered office when the United States was in the depths of the Great Depression ...
U.S. Trade Deficit Hit Record in 2024 as Imports Surged
Data released Wednesday morning by the Commerce Department showed that U.S. imports of goods and services grew 6.6 percent to ...