Donald Trump's claim that he cut the federal budget deficit by 27% in one year is false, as there are no credible sources to ...
President Donald Trump’s first year of his second, nonconsecutive term brought all sorts of changes. His administration shuttered the United States Agency for International Development, had the ...
Representatives Bill Huizenga (R-MI) and Scott Peters (D-CA), co-chairs of the Bipartisan Fiscal Forum (BFF), joine ...
The House GOP's largest caucus released a plan for a second "big, beautiful bill" on Tuesday morning, which the group says could cut the federal deficit by over $1 trillion. Republican Study Committee ...
President Donald Trump has repeatedly framed his sweeping tariffs as a kind of magic bullet for America's finances, promising they would shrink the trade gap and help wipe out Washington's red ink.
Prior to the passage of the One Big Beautiful Bill, Trump’s “growth” math stood a chance of closing the gap. Now it’s much ...
The federal budget deficit has topped $1 trillion for a fourth straight year, according to NBC News and wire services. But a modest improvement in economic growth helped narrow the gap by $207 billion ...
During October, tax revenue remained robust at $404 billion, suggesting that the impact of October’s 20-year high in layoffs has yet to be felt. Year over year, the federal deficit grew in October by ...
The U.S. government spent $173 billion more than it collected in revenues in November. But as bad as that sounds and is, it is nevertheless better than the $193 billion deficit posted in October and ...
The Federal Government publishes the spending and revenue numbers on a monthly basis. Looking at the average monthly deficit, both October and December were much larger than average, with November ...
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