The federal deficit has not fallen by 25% during Trump’s second term. The fiscal year 2025 deficit was 2.3% smaller than the fiscal 2024 deficit. When considering only the portions of the fiscal 2025 ...

Many of the president’s tariffs rest on the legal claim that the gap between what America imports and exports is a national ...

(Bloomberg) -- The US budget deficit declined slightly for the 2025 fiscal year as tariff revenue hit a record high, though the pace of borrowing remains historically elevated at a time of economic ...

The U.S. has run 54 years of trade deficits, and our manufacturing capacity has degraded. America manufactured around 90 percent of the goods Americans consumed under President Reagan. Today, it is ...

The U.S. federal budget deficit hit $1.8 trillion in the fiscal year ending on Sept. 30, the Congressional Budget Office (CBO) reported Wednesday. Moreover, President Donald Trump’s sweeping tariffs ...

The US budget deficit narrowed just slightly over the past year, official data showed Thursday -- despite a surge in customs revenues, which hit a record as President Donald Trump imposed wide-ranging ...

The US Treasury indicated it’s not looking to boost sales of notes and bonds until well into next year, in a decision that ...

Canada's budget shortfall will more than double this year as Prime Minister Mark Carney pours billions of dollars to fight ...