The Treasury Department reported on Friday that the budget shortfall increased by $64 billion to $1.3 trillion in the first ...

The US federal budget deficit grew between October and June compared to the same period last year, despite the increase in tariff revenues, according ...

The U.S. government recorded a $244 billion budget deficit for July, up 10% from a year earlier, but accounting for calendar differences, the gap would have been $45 billion narrower, the Treasury ...

The data shows that tariff revenues are starting to build into a significant revenue contributor ahead of an August 1 ...

WASHINGTON (AP) — The U.S. budget deficit has grown to more than $1.3 trillion in the first half of the 2025 fiscal year — the second highest six-month deficit on record, according to Treasury ...

The US government saw its budget deficit widen from the prior year in the October to June period as spending rose, but customs duties surged to a record after President Donald Trump's wide-ranging ...

The average taxpayer’s piece of the $37-trillion federal debt is about $240,000, or six years of the median income.

Republicans and Democrats have been arguing for months about the pros and cons of President Donald Trump’s One Big Beautiful ...

By James Knightley, Dmitry Dolgin, & Padhraic Garvey, CFAUS President Donald Trump's fiscal policies, including the One Big Beautiful Bill Act (OBBBA) ...

The office also estimated that the federal budget deficit for the first nine months of the 2025 fiscal year, which began in October, is $1.3 trillion. The number is $65 billion more than it was for ...

The U.S. budget deficit has grown to more than $1.3 trillion in the first half of the 2025 fiscal year — the second highest six-month deficit on record, according to Treasury Department data ...