Treasury Secretary Scott Bessent said Thursday that there's a "very good chance" of the U.S. has seen its budget deficit peak ...

The CBO's monthly update shows the federal budget deficit on track to hit $2.1 trillion as national debt interest costs surge ...

The 10-month fiscal 2026 deficit has already surpassed the full-year 2025 shortfall, with 2 months still remaining ...

Florida Governor Ron DeSantis (R) expressed his views on the failure of the Department of Government Efficiency (DOGE), ...

Beyond the big single-month jump, the collective red ink over the 10 months of the fiscal year rose to nearly $1.8 trillion, ...

The agency delivered only a fraction of its promised savings, and is being blamed as the country's budgetary issues grow.

In his first term, the president said he’d “easily” reduce the debt, but he delivered the opposite results. In his second term, it’s much worse.

Albany leaders are weighing difficult choices as the city confronts a $22 million midyear budget deficit, with the Common ...