The federal government is projected to run a budget deficit of at least $2 trillion this fiscal year, according to an estimate by the Treasury Department and bond market participants. Earlier this ...
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National debt interest and entitlement spending push FY2026 federal budget deficit toward $2 trillion
This year's federal budget deficit is now outpacing last year's as federal spending is growing at a faster rate than tax revenue, pushing the annual shortfall closer to $2 trillion. The nonpartisan ...
The White House has just released its 2027 budget request to Congress, calling for massive increases in defense and border-related spending, serious cuts elsewhere and the same old deficit and debt ...
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