The U.S. government recorded a $244 billion budget deficit for July, up 10% from a year earlier, but accounting for calendar differences, the gap would have been $45 billion narrower, the Treasury ...

The U.S. budget deficit has grown to more than $1.3 trillion in the first half of the 2025 fiscal year — the second highest six-month deficit on record, according to Treasury Department data ...

The Treasury Department reported on Friday that the budget shortfall increased by $64 billion to $1.3 trillion in the first ...

Tariff income won’t come close to balancing the federal fisc.

The average taxpayer’s piece of the $37-trillion federal debt is about $240,000, or six years of the median income.

The US federal budget deficit grew between October and June compared to the same period last year, despite the increase in tariff revenues, according ...

The government fiscal year closes at the end of September, but this analysis will look at the calendar year budget.

The US government saw its budget deficit widen from the prior year in the October to June period as spending rose, but customs duties surged to a record after President Donald Trump's wide-ranging ...

WASHINGTON (AP) — The U.S. budget deficit has grown to more than $1.3 trillion in the first half of the 2025 fiscal year — the second highest six-month ...

Politicians are reflections of their electorates, and we the people are not ready for any pain. If our voters can begin to comprehend our problem, we’ll be on our first step toward a solution.