() - The United States federal budget deficit totaled $1 trillion in the first five months of fiscal year 2026, according to the Congressional Budget Office.

The nonpartisan Congressional Budget Office's 10-year outlook projects worsening long-term federal deficits and rising debt, driven largely by increased spending, notably on Social Security, Medicare, ...

The U.S. budget deficit dropped to $95 billion in January. That’s a $34 billion decrease from the same month last year. The Treasury said this happened because income rose faster than spending, mostly ...

Gov. Mikie Sherrill said New Jersey faces a "serious structural deficit" in advance of her March 10 budget address.

India’s fiscal roadmap for the coming year is likely to balance restraint with expansion, as the government targets a lower deficit while continuing to invest heavily in infrastructure. Ratings agency ...

Caring for an entire population is expensive—caring for an aging population even more so. This is the conundrum facing the U.S. government over the coming decades, with the number of people age 65 and ...

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 ...

I appreciate Michael Hicks' concise and clear explanation of present economic conditions ("The world is selling America. Here's why the dollar collapse matters"). But I take issue with his statement ...

This latest budget includes projected revenues of $17.3 billion and expenses of $18.9 billion, and the province is projecting deficits for the next four years. Despite the talk of a need for restraint ...