The latest data on the Federal Budget Balance, a key indicator of the U.S. government's fiscal health, has been released. The figures reveal a budget deficit of $161.0 billion, a significant ...

Adding 2 percent of G.D.P. to the budget deficit would add a substantial amount to its twin, the trade deficit (broadly defined, or what economists call the “current account deficit”), taking it ...

The federal government ran a more than $1.8 trillion budget deficit in FY2024, which ranked as the third-largest in history after even larger deficits were incurred in recent years. Billionaire ...