The CBO reports the federal budget deficit hit $2 trillion in fiscal year 2026 as net interest on the national debt surged 11 ...

The US federal budget deficit for 2026 officially came in Friday at $1.992 trillion, a final tabulation to close out the ...

The federal deficit for the fiscal year that just ended was nearly $2 trillion. That's the biggest budget gap since 2021, when the country was still recovering from the pandemic.

In a recent interview, Treasury Secretary Scott Bessent pointed to tariff refunds, the Iran war and high interest rates to ...

Federal spending and the national debt can seem abstract until they hit your wallet. See how deficits could affect your household finances.

July was significantly worse than average, August was actually a bit better than average. September has historically been a ...

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

The federal budget deficit rose to nearly $2 trillion for the past fiscal year, spurred in part by ballooning interest payments and tariff refunds, the Congressional Budget Office reported Thursday.

Eliminating Social Security's deficit would cut the federal government's primary deficit in half. It would also make Americans happy. Recently, the Congressional Budget Office released its budget ...

Looking at the average monthly deficit, January and February were both worse than average, whereas March was slightly better. The latest quarter was slightly better than last Q2 and also better than ...