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 Congressional Budget Office (CBO) just released its February 2026 Budget and Economic Outlook, its first full ten-year baseline and economic forecast since January 2025. CBO projects that federal ...
Alexa Herrera is a digital producer with the CBS News New York web team. She previously worked with WUFT and WTSP in Florida as a digital producer. She's a Long Island native. New York City will be ...
OTTAWA, April 24 (Reuters) - Canada recorded a higher C$25.55 billion ($18.66 billion) budget deficit for the first 11 months of ‌the 2025/26 fiscal year as government expenditures grew faster than ...
Our first quarterly update of various economic and social indicators under Trump's second term as president. By D'Angelo Gore, Eugene Kiely, Brooks Jackson, Lori Robertson and Robert Farley Posted on ...
Eurozone governments cut borrowing in 2025, but their combined budget deficit is expected to widen this year, driven by support for households hit by the jump in energy prices that has accompanied the ...
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The White House has just released its 2027 budget request to Congress, calling for massive increases in defense and border-related spending, serious cuts elsewhere and the same old deficit and debt ...