The federal government is on pace to record one of the largest budget deficits in U.S. history this year when fiscal year ...

as a share of the economy is relatively low compared to its historical average, Swagel said. For the current fiscal year, the deficit will rise to $1.9 trillion, or 6.2% of GDP, as the federal ...

Broad-based increases in tariff barriers to reduce the trade deficit will be ineffectual, counterproductive and ultimately ...

as a share of the economy is relatively low compared to its historical average, Swagel said. For the current fiscal year, the deficit will rise to $1.9 trillion, or 6.2% of GDP, as the federal ...