Trump’s first year back in the White House closed with the U.S. national debt roughly $2.25 trillion higher than when he ...

America has had gigantic budget deficits and debt that have been dangerous and ballooning for years, yet it’s only recently ...

The United States' national debt is on track to double over the next three decades amid a rush of spending by the White House ...

The Rules Committee must suggest rule changes to help meet the target, including making budget rules more difficult to waive ...

The sweeping legislation, which passed in July, renewed the 2017 tax cuts for individuals and granted additional tax breaks, ...

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

The U.S. national debt keeps growing and growing. The U.S. government ran a slightly smaller budget shortfall in the most recent year thanks to higher tariff revenue - but the national debt still rose ...

The United States borrowed $602 billion in the first three months of Fiscal Year (FY) 2026, including $145 billion in the month of December, according to the latest Monthly Treasury Statement f ...

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

This is read by an automated voice. Please report any issues or inconsistencies here. In 1980, when President Reagan took office, America’s publicly held debt reached more than $712 billion (about ...

In a post on Truth Social, President Trump called for increasing the Fiscal Year (FY) 2027 defense budget to $1.5 trillion, rather than $1 trillion he said he previously wanted to propose. We ...

President Trump is adhering to economic theory with regard to his tariff policies and trade deficits; with time it will pay off. He understands that America’s perennial trade deficits predispose to ...