The federal budget deficit has been a matter of concern for America for many years now, and things are not getting any better. The government reportedly borrowed a whopping $308 billion last month ...

Last year, U.S. Treasury Secretary Scott Bessent set a target to cut the U.S. federal budget deficit to just 3% of GDP by the end of President Donald Trump’s second term. The deficit reduction was a ...

Dangerously wrong priorities will accelerate America’s decline. The Trump administration’s fiscal year 2027 budget request is ...

In its early days, the Elon Musk–led Department of Government Efficiency (DOGE) bragged it could cut up to $2 trillion from the U.S. federal budget. In December, Musk conceded the special advisory ...

U.S. oil production is plateauing near record highs, making a 3 million b/d increase by 2028 increasingly unlikely. The CBO projects rising deficits and debt despite tariff revenues, driven by tax ...