Learn how deficit spending stimulates economic growth, its benefits, and critiques, guided by Keynesian and Modern Monetary Theory insights for a comprehensive view.

The Treasury Department published the U.S. budget deficit for the 2026 fiscal year.

In its 2026 fiscal year that ended on September 30, the U.S. government collected $5.403 trillion in taxes but spent $7.396 ...

In his first term, the president promised to pay off the debt. He delivered the opposite results. In his second term, it’s ...

Higher interest rates are inflating borrowing costs as the Trump administration spends on the Iran war and tariff refunds.

The U.S. government is technically insolvent, with its liabilities far exceeding its assets, and its financial condition is deteriorating with each passing day. Washington seems to be addicted to ...

The federal budget deficit rose to nearly $2 trillion for the past fiscal year, which ended September 30, the Treasury ...

The federal budget deficit totaled $1.37 trillion in the first nine months of the current fiscal year, according to the latest monthly budget review from the Congressional Budget Office. The deficit ...

The Seattle City Council will begin wading through amendments to Mayor Katie Wilson’s 2027-28 budget on Tuesday that add tens ...

The city is projected to have a more than $10 million budget deficit in the coming years if substantial changes aren’t made.