News

Inquirer Business on MSN1d
US budget deficit widens but customs receipts surge on tariffs
The US government saw its budget deficit widen from the prior year in the October to June period as spending rose. On the ...
U.S. budget balance unexpectedly flips to surplus in June as tariff receipts jump
The U.S. federal government earned $27.0B more than it spent in June, compared with the -$41.5B deficit expected and the ...
DBusiness5d
One Big Beautiful Bill Act Likely Adds $3T+ to Federal Deficit
Republicans and Democrats have been arguing for months about the pros and cons of President Donald Trump’s One Big Beautiful ...
Wall Street Worries as Crisis-Level Deficits Become the Government’s Default Mode
New legislation could push federal debt into dangerous territory—without an emergency requiring it.
Committee for a Responsible Federal Budget4d
12-Month Rolling Deficit is $1.9 Trillion in June 2025
The federal government borrowed $1.9 trillion over the past year – July 2024 to June 2025 – based on estimates from the ...
Opinion
The Atlanta Journal-Constitution4dOpinion
A eulogy for the GOP deficit hawk, which died a public death last week
The GOP deficit hawk is dead, after promising for years to rein in the country’s spiraling debt and deficits, but then voting last week to do the opposite.
Why some economists say the deficit increase in Trump’s bill is dangerous
The CBO says it would add $3.4 trillion to the deficit over the next decade. For decades, fiscal hawks have warned about the ...
The GOP Budget Will Balloon the National Debt. Here’s What Trump Could Do To Fix it
The Republican budget will add trillions to the national debt. Trump should channel Eisenhower to keep things in check.
Government Employees in Canada Face Job Cuts as Carney Looks to Trim Spending
The Canadian government told employees they may face job losses, as Prime Minister Mark Carney searches for spending cuts to ...