The Congressional Budget Office estimated on Tuesday a U.S. federal deficit of $1.834 trillion for fiscal 2024, the highest ...

Yet again, the federal government spent far more than it collected in revenue, racking up a budget deficit of $1.8 trillion ...

Spending increased by 10 percent last year, while tax revenue increased by 11 percent. Interest payments on the debt shot up ...

The Congressional Budget Office forecasts a federal deficit of $1.834 trillion for 2024, noting rising debt interest and ...

Unfortunately, neither Vice President Harris nor her rival on the campaign trail has made a priority of fixing this problem.

The federal budget deficit swelled to $1.8 trillion in the fiscal year that ended in September, an enormous sum that ...

Sweeping calls for the U.S. defense budget — now at about $850 billion — to return to Cold War levels when measured against ...

Big tax cuts on top of high federal debt and less easy Fed policy could create perfect conditions for rising rates.

Much of that figure was driven by bigger outlays on Social Security and Medicare, which cost 6% more than they did a year ...