The United States' budget deficit reached $1 trillion through the first five months of the current fiscal year as uncertainty about the future of the Trump administration's tariff agenda is set to ...
Panics about the rising US deficit have stirred up bond vigilantes before. An economist thinks concerns about military ...
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 ...
Federal outlays grew nearly as much, from $6.735 trillion in 2024 to $7.01 trillion in 2025. The main drivers were an additional $294 billion spent on Medicaid, Medicare, and Social Security. Last ...
The problem is not that the government collects too little. The problem is that the government spends too much.
() - The United States federal budget deficit totaled $1 trillion in the first five months of fiscal year 2026, according to the Congressional Budget Office.