The U.S. surplus amounted to a little more than $27 billion, a stark contrast to the $316 billion deficit in May. This ...

The CBO says it would add $3.4 trillion to the deficit over the next decade. For decades, fiscal hawks have warned about the ...

The federal budget deficit is back in the spotlight after the Republican-controlled Congress approved a massive tax and ...

The United States Treasury confirmed Wednesday that the federal budget deficit for May hit $316 billion, placing it among the top three largest monthly gaps ever recorded. This comes right after April ...

As of January 2025, the CBO projected that the federal government will run a $1.9 trillion deficit in fiscal year 2025 — the same amount as the fiscal year 2024 deficit.

In July 2024, the government targeted to close FY25 with the fiscal deficit at 4.9 per cent of the country’s GDP, slightly lower than the 5.1 per cent goal set in Interim Budget. It aims to contain ...

Still, the surplus was not nearly large enough to cover the deficit so far this fiscal year, which dipped to $1.05 trillion in April - a 13% increase over the fiscal-year-to-date deficit recorded ...

The deficit in fiscal 2024, which ended Sept. 30, was $139 billion larger than the fiscal 2023 shortfall. While revenues increased by $479 billion, or 11 percent, spending rose even more, by $617 ...

Conservative deficit hawks in Congress are on an island as House Republicans barrel ahead this week with the “big, beautiful bill” to advance President Donald Trump’s domestic agenda that ...

The Treasury Department announced that the federal budget deficit rose to $1.8 trillion for fiscal 2024, which ended in September. Click here - to use the wp menu builder Washington Examiner ...

The Indian government will target a narrower fiscal deficit of 4.4% of gross domestic product for fiscal year 2025-26, down from a revised 4.8% for the current year, Finance Minister Nirmala ...