Zooming out and looking over the history of the budget back to 2016 shows a more complete picture. The change since Covid is ...

The federal budget deficit totaled $1.7 trillion in Calendar Year (CY) 2025, according to estimates from the Congressional Budget Office (CBO). The deficit in CY 2025 is $369 billion less than the ...

The U.S. fiscal picture is improving, helped by spending cuts in education and stronger tax revenue from tariffs and wage ...

The federal budget gap narrowed more sharply than forecasters anticipated in November, offering a rare piece of good news in a fiscal landscape still dominated by red ink. The monthly shortfall came ...

The December budget deficit came in at $144.75 billion, a record for the month and 68 percent higher than last year.

Discover how the U.S. federal budget works, its role in government spending, and its historical evolution, including details ...

The U.S. government spent $173 billion more than it collected in revenues in November. But as bad as that sounds and is, it is nevertheless better than the $193 billion deficit posted in October and ...

Trump ways he wants to spend half a trillion more dollars on military spending, even as federal spending persists at ...