The U.S. is projected to run a budget deficit of at least $2 trillion in fiscal year 2026, according to Treasury Department and bond market estimates.

America’s national debt recently set a record by surpassing $37 trillion, bringing renewed attention to a topic that regularly makes headlines but isn’t always easily understood. One reason for the ...

Since Donald Trump returned to the White House in January, the federal deficit has declined by $516 billion on a trailing-12-month basis. Spending is basically flat, but revenue is up a remarkable 8.5 ...

WASHINGTON -- 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 ...

The U.S. economy is increasingly propped up by federal deficit spending, which, by one estimate, effectively adds about $15,000 per household to the economy each year. Federal deficit spending became ...

If you look closely, you can see some progress on cutting federal spending. At least that’s the conclusion of the respected Kim Strassel, writing recently in the Wall Street Journal before the ...