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U.S. Budget Deficit Set to Rise Again Amid Trump Tariffs and Tax Cuts
Trump's economic blueprint is colliding with slowing oil output growth and widening federal deficits that threaten to derail ...
Congressional Budget Office Ups Federal Deficit Forecast
The Congressional Budget Office expects the U.S. federal deficit to rise more over the coming years than previously expected, a release by the agency showed Wednesday.
Updated CBO Outlook Still Flags Deepening Deficits And Rising Fiscal Strain
CBO projects that the shortfall will deepen in 2026 to $1.853 trillion, slightly more than 2025’s $1.775 trillion deficit. Looking further down the road offers a similarly concerning trajectory. Over ...
US debt set to crush World War II record as annual deficits explode to $3T within decade
The U.S. national debt is set to break a World War II record by 2030, reaching 108% of GDP as the Congressional Budget Office warns of mounting fiscal challenges ahead.
Federal deficit rising more slowly than in 2025, yet still on track to add $1.9 trillion to debt this year
The United States' deficit for the current fiscal year is increasing at a lower rate compared to the prior year, with the federal government ending January with a nearly $697 billion gap between its ...
Congress faces steep political hurdles in dealing with rising national debt
The United States has piled up debt approaching $39 trillion as lawmakers approve annual budgets with 13-figure deficits and outlays on mandatory spending rise with the aging population. There is ...
Opinion
The $31 Trillion Elephant In The Room
It's an elephant in the room, called the US fiscal deficit. Let's start with the blunt truth: The United States government is running the largest peacetime deficit in its history, all the while its ...
Opinion
Trump’s tariff fantasy collides with economic reality
Joseph E. Stiglitz, a Nobel laureate in economics and University Professor at Columbia University, is a former chief economist at the World Bank. Mike Konczal is the senior director of policy and ...
Idaho schools face special education funding gap. This is one plan to help
The bill would create a fund to help school districts pay for additional services for students with disabilities.
Dollar Recovers as Stocks Tumble
The dollar index (DXY00 ) on Thursday rose by +0.12%. The dollar recovered from early losses on Thursday and moved higher ...
Dollar is Slightly Higher as Weak Stocks Boost Liquidity Demand
The dollar index (DXY00 ) today is up +0.04%. The weakness in stocks today has boosted some liquidity demand for the dollar. However, gains in the dollar are limited after US January consumer prices ...
Canada's National Observer
Ford government spends its way toward half-trillion-dollar debt
Ontario’s debt continues to rise and is projected to surpass half a trillion dollars within the next few years as the Ford ...