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. 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 ...

The US runs the largest primary budget deficit among advanced economies at nearly 4% of GDP, with total deficits hitting $1.8 ...

The federal budget deficit totaled $1.37 trillion in the first nine months of the current fiscal year, according to the latest monthly budget review from the Congressional Budget Office. The deficit ...

The agency delivered only a fraction of its promised savings, and is being blamed as the country's budgetary issues grow.

The U.S. federal budget deficit for July jumped ‌to $432 billion, a record for the month, as higher outlays and more negative tariff revenues also brought the 2026 fiscal-year-to-date budget gap to $1 ...

As the chart below demonstrates, federal spending is rising faster than federal receipts on a trailing 12-month basis, which is leading to a widening of the federal deficit. What this indicates is ...

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 ...