The federal budget deficit totaled $1.7 trillion in Calendar Year (CY) 2025, according to estimates from the Congressional Budget Office (CBO). The deficit in CY 2025 is $369 billion less than the ...
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 ...
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US Treasury announces federal deficit skyrocketed to $602 billion in early 2026
The U.S. Treasury Department released the latest Monthly Treasury Statement on Tuesday, Jan. 13, revealing that the federal ...
Discover how the U.S. federal budget works, its role in government spending, and its historical evolution, including details ...
The federal budget gap narrowed more sharply than forecasters anticipated in November, offering a rare piece of good news in a fiscal landscape still dominated by red ink. The monthly shortfall came ...
U.S. President Donald Trump's proposed increase in defense spending for 2027 is unlikely to be offset by savings or revenues ...
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