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

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

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

The US federal budget deficit for 2026 officially came in Friday at $1.992 trillion, a final tabulation to close out the government's fiscal year and another reminder of Washington's spiraling ...

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 ...

As the chart below demonstrates, federal spending is rising faster than federal receipts on a trailing 12-month basis, which is leading to a widening of the federal deficit. What this indicates is ...

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.

In Focus delivers deeper coverage of the political, cultural, and ideological issues shaping America. Published daily by senior writers and experts, these in-depth pieces go beyond the headlines to ...

The federal government brought in $334 billion in the month of July, with most of that coming directly out of workers’ paychecks. That same federal government spent $766 billion in July, with most of ...