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

The December budget deficit came in at $144.75 billion, a record for the month and 68 percent higher than last year.

Rearmament, an aging population, technological change and fear of voters are fueling a risky trend.

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 ...