At about the size of the entire U.S. economy, the national debt is on track to exceed its post-World War II record of 106% within the next three years. The 3% target would help to stabilize the debt ...
In an update to California’s fiscal 2026-2027 budget outlook Wednesday, a new report released by the state’s nonpartisan Legislative Analyst’s Office (LAO) admitted it botched the deficit estimate by ...
The monthly trade deficit continued to shrink in October after President Trump imposed sweeping tariffs on imports, the latest data showed.
Trump ways he wants to spend half a trillion more dollars on military spending, even as federal spending persists at ...
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Donald Trump tariff impact: CBO trims deficit-cut estimate by $1 trillion; revised data, rate changes drive downgrade
The Congressional Budget Office has lowered its projection of how much President Donald Trump’s tariff increases will reduce US budget deficits over the next decade. The non-partisan agency now ...
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