Federal budget deficit grows $92B to nearly $2T even as Trump tariffs increase revenue

The CBO said the federal deficit hit $2 trillion in the first 11 months of FY2025, driven by higher Social Security and ...

Report: Congress authorized $15 trillion in 'emergency' deficit spending since 1991

Over the past 35 years, Congress has used emergency funding rules to bypass budget controls and spend a cumulative $15 ...
Richmond Times-Dispatch

Trade deficit drops with imports, but economists remain wary

The United State's trade deficit dropped by $188.5 billion - almost 43% - in the second quarter of this year as imports plummeted in the face of tariffs that President Donald Trump unilaterally ...

Why The Fiscal Deficit Won't Necessarily Lead To High Interest Rates

US deficits may not raise interest rates and how slowing GDP growth could favor dividend stocks. Click here for more market ...

Rand Paul critiques FCC's Carr, talks government shutdown in 'Meet the Press' interview

Sen. Rand Paul said he'd "fight any attempt by the government to get involved in speech" after hearing the FCC chairman's ...

Economists see Canada deficit surging on trade war

Analysts expect Prime Minister Mark Carney to push the federal government’s budget deeper into the red as Canada ramps up ...