The GDP is only growing because of the federal deficit: How much of a problem is that?

Key Takeaways The U.S. economy is increasingly propped up by federal deficit spending, which, by one estimate, effectively ...
Politifact

Did Trump cut the federal budget in 2025? Spending rose, but deficit eased

In 2023, when he was campaigning to win back the White House, President Donald Trump said he would reduce the federal budget. "Instead of growing the size and scope of the federal government … we will ...
AOL

Federal deficit totaled $1 trillion in beginning of FY2026, CBO says

(The Center Square) - The United States federal budget deficit totaled $1 trillion in the first five months of fiscal year 2026, according to the Congressional Budget Office. The latest federal ...
Fox Business

Budget deficit hits $1 trillion in first five months of fiscal year: CBO

The federal budget deficit topped $1 trillion in the first five months of fiscal year 2026, as the U.S. government is on pace to record another massive deficit. The nonpartisan Congressional Budget ...

‘No, we didn’t’: DOGE staffer admits Elon Musk’s cost-cutting agency failed to reduce the federal deficit

In its early days, the Elon Musk-led Department of Government Efficiency (DOGE) bragged it could cut up to $2 trillion from ...