The U.S. budget deficit surged past the $1 trillion mark in February, less than six months into fiscal year 2025. As of Feb.

The U.S. national debt is the accumulation of money borrowed to cover the national deficit over time ... getting close to the historic high in our history,” Maschino says.

The current account deficit is draining $100B monthly from the private domestic sector, reducing financial balances despite ...

WASHINGTON, March 27 (Reuters) - The U.S. Congressional Budget Office on Thursday projected significant increases in federal budget deficits and debt over the next 30 years, in part due to rapidly ...

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