The Treasury Department reported on Friday that the budget shortfall increased by $64 billion to $1.3 trillion in the first ...

The Carney government is poised to post a massive deficit of more than $92 billion during this fiscal year, a new report from ...

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 federal government borrowed $1.9 trillion over the past year – July 2024 to June 2025 – based on estimates from the ...

The office also estimated that the federal budget deficit for the first nine months of the 2025 fiscal year, which began in October, is $1.3 trillion. The number is $65 billion more than it was for ...

CNBC interviewed a dozen experts, investors and former government officials to explore the consequences of America’s fiscal ...

The One Big Beautiful Bill to advance President Donald Trump’s agenda may not have the devastating impact on the national ...

Musk says he plans to back the two House Republicans who voted against the president’s domestic policy bill last week.

The City Council fell short of passing a balanced general fund budget, something they said they would do, but closed the deficit gap.