Since Donald Trump returned to the White House in January, the federal deficit has declined by $516 billion on a trailing-12-month basis. Spending is basically flat, but revenue is up a remarkable 8.5 ...

Good news! The federal budget deficit shrank in November. Bad news! Uncle Sam still ran a significant budget shortfall ...

The U.S. government's budget deficits are now projected to worsen throughout the next decade when compared with earlier forecasts this year, according to a new report by the nonpartisan Committee for ...

The national debt now stands at more than $38 trillion. The tariff revenue we rake in is just a drop in the bucket compared to that amount. The Trump administration has proposed using tariff revenue ...

The U.S. House approved the Senate’s version of the budget reconciliation bill on July 3, 2025. Daniel Desrochers A massive federal spending bill, chock full of tax breaks and social welfare cuts, ...

America’s national debt recently set a record by surpassing $37 trillion, bringing renewed attention to a topic that regularly makes headlines but isn’t always easily understood. One reason for the ...

The Senate’s latest version of President Donald Trump’s sweeping tax and spending legislation would increase the U.S. federal deficit by nearly $3.3 trillion over the next ten years, according to a ...

Roughly a third of the revenue boom resulted from Trump’s unprecedented, near-universal tariffs on imports. Yet more than half of the revenue increase came from rising wages and realized capital gains ...

Members of the conservative House Freedom Caucus are warning they have serious issues with the Senate's version of President Donald Trump's "big, beautiful bill" as it's currently written. The group ...

The nation’s federal deficit slightly improved in June when the federal government actually ran a surplus. But, in July, the federal government’s deficit grew by nearly 20%, despite the increased ...