The US budget deficit was already on shaky ground before the Iran war, and reports that Pentagon will seek an additional ...
GDP growth in the U.S. relies on federal deficit spending, raising concerns about rising debt, inflation, and long-term economic risks.
Federal budget deficit reached $1 trillion in five months through February 2026 as tax revenue jumped $206 billion due to higher income tax and tariff collections, CBO data shows.
WASHINGTON – The nonpartisan Congressional Budget Office’s 10-year outlook projects worsening long-term federal deficits and rising debt, driven largely by increased spending, notably on Social ...
A general view as day breaks over the U.S. Capitol in Washington, D.C., U.S., November 18, 2025. REUTERS/Jonathan Ernst WASHINGTON, Feb 11 (Reuters) - The U.S. government posted a $95 billion budget ...