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Federal budget deficit on track to surpass $2T this fiscal year as spending outpaces revenue
The CBO's monthly update shows the federal budget deficit on track to hit $2.1 trillion as national debt interest costs surge 14% year over year.
The U.S. national debt surpasssed $40 trillion. Experts explain how it raises your mortgage and lowers your wages.
The 10-month fiscal 2026 deficit has already surpassed the full-year 2025 shortfall, with 2 months still remaining ...
The U.S. government is technically insolvent, with its liabilities far exceeding its assets, and its financial condition is deteriorating with each passing day. Washington seems to be addicted to ...
In Focus delivers deeper coverage of the political, cultural, and ideological issues shaping America. Published daily by senior writers and experts, these in-depth pieces go beyond the headlines to ...
The agency delivered only a fraction of its promised savings, and is being blamed as the country's budgetary issues grow.
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