Donald Trump's claim that he cut the federal budget deficit by 27% in one year is false, as there are no credible sources to show a 27% cut in the annual deficit in any single year under him, ...

The Peter G. Peterson Foundation, a nonpartisan budget watchdog, ran the numbers exclusively for Fortune.

President Donald Trump’s first year of his second, nonconsecutive term brought all sorts of changes. His administration shuttered the United States Agency for International Development, had the ...

The US economy has long been shielded from the unsustainability of its trade and budget deficits. It may not be for much ...

The federal budget deficit has topped $1 trillion for a fourth straight year, according to NBC News and wire services. But a modest improvement in economic growth helped narrow the gap by $207 billion ...

During October, tax revenue remained robust at $404 billion, suggesting that the impact of October’s 20-year high in layoffs has yet to be felt. Year over year, the federal deficit grew in October by ...