The national debt is set to surpass the historic high of 106% of GDP (which it reached in 1946) by 2030, according to the CBO ...

By David Lawder and Richard Cowan WASHINGTON, Feb 11 (Reuters) - The U.S. budget deficit will grow slightly in fiscal 2026 to $1.853 trillion, the Congressional Budget Office forecast on Wednesday, ...

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 between its ...

WASHINGTON >> The U.S. budget deficit will grow slightly in fiscal 2026 to $1.853 trillion, the Congressional Budget Office forecast on Wednesday, showing that on balance, President Donald Trump’s ...

Fiscal deficits often rise when the government increases spending to support the economy, especially during slowdowns or ...

The Congressional Budget Office released its latest 10-year budget estimates this week. The news is bleak. Of greater concern; however, is that few elected officials in Washington seem to care.

Kern County is looking at a $14 million budget deficit in the coming fiscal year as local costs continue to outpace revenue ...