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 ...

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 ...

War costs rise as the deficit deepens. Fiscal gauges flash pandemic‑era stress. No credible deficit plan from Washington yet. The US budget deficit was already on shaky ground before the Iran war, and ...

Unadjusted deficit in July was highest monthly gap since March 2021 Deficit of $1.8 trillion for first 10 months of fiscal 2026 exceeds entire deficit of prior fiscal year Customs receipts were ...

The federal government brought in $334 billion in the month of July, with most of that coming directly out of workers’ paychecks. That same federal government spent $766 billion in July, with most of ...