The U.S. Treasury Department released the latest Monthly Treasury Statement on Tuesday, Jan. 13, revealing that the federal ...

Donald Trump's claim that he cut the federal budget deficit by 27% in one year is false, as there are no credible sources to ...

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

Prior to the passage of the One Big Beautiful Bill, Trump’s “growth” math stood a chance of closing the gap. Now it’s much ...

House Republicans unveil comprehensive plan for reconciliation bill that could allegedly cut federal deficit by over $1 trillion through various reforms.

This figure, while still denoting a deficit, is a slight improvement compared to the previous month’s deficit of -$173.0B.

The plan, a second reconciliation bill, is being presented as a way to "lock in President Trump's agenda for the next ...

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

During October, tax revenue remained robust at $404 billion, suggesting that the impact of October’s 20-year high in layoffs has yet to be felt. Year over year, the federal deficit grew in October by ...

The U.S. government spent $173 billion more than it collected in revenues in November. But as bad as that sounds and is, it is nevertheless better than the $193 billion deficit posted in October and ...

A recent study from the Pentagon’s favorite consulting firm found that raising taxes — particularly on corporations — could ...

Prior to the passage of the One Big Beautiful Bill, Trump’s “growth” math stood a chance of closing the gap. Now it’s much harder to see it working.