The U.S. budget deficit shrank by $41 billion to $1.775 trillion in the 2025 fiscal year, despite a $118 billion increase in ...

The United States borrowed $1.8 trillion in Fiscal Year (FY) 2025 according to the latest Monthly Treasury Statement from the Treasury Department. This deficit is similar to last year’s, despite an ...

THE US budget deficit declined slightly for the 2025 fiscal year as tariff revenue hit a record high, though the pace of ...

Business tax breaks cut federal revenues by $77 billion this year, fattening the pockets of rich corporate insiders.

A constitutional amendment can curb elected officials from giving in to temptations to provide people with more government ...

The U.S. is on track to borrow nearly $2 trillion per year for the next decade, the CRBF notes. "How can anyone think this is sustainable?" ...

The US budget deficit fell to USD 1.775 trillion in fiscal 2025, aided by higher tariff revenues and deep education cuts, ...

SPRINGFIELD — Illinois is on track to run a more than $200 million deficit just three months into the current fiscal year, ...