US deficit explodes even as economy grows - The Detroit News

The federal deficit is projected to roughly double this year, as bigger interest payments and lower tax receipts widen the nation’s spending imbalance despite robust overall economic growth ... Read More

U.S. deficit explodes even as economy grows

The U.S. economy is expected to grow at a steady 2.1 percent this year. “To see this in an economy with low unemployment is truly stunning. There’s never been anything like it,” Furman said. Read More

With Taxes and Tariffs in Place, Trump Takes Reins of U.S. Economy

Last week, the president enacted a sprawling set of tax cuts that he believes to be the ingredients for rapid economic growth, even as fiscal experts warned that the law may injure the poor while ... Read More

‘America's Deficit Reckoning': How the U.S. debt spiral could spark a crisis

CNBC interviewed a dozen experts, investors and former government officials to explore the consequences of America’s fiscal path. Read More

Big worry for Trump: U.S. budget deficit explodes in February ...

The deficit is at $1.15 trillion for the year, it is $318 billion higher than at the same period last year, according to CNBC. The deficit has increased 38% over the period and has set a new ... Read More

Trump’s Tax Bill Won’t Help or Hurt the Economy. The Deficit Is Already Huge.

Citi Global Chief Economist Nathan Sheets doesn’t expect President Donald Trump’s bill to do much to the U.S. deficit or for economic growth. Read More

There Is No U.S. Debt Crisis, But Elon Musk Is Right About One Thing

Explore why US debt concerns may be exaggerated, how historical trends compare, and tips to hedge against risks to the dollar's global status. Click for more. Read More

Larry Kudlow Explains Why Trade Deficits Don’t Matter If Trump Grows ...

And I’ve tried for more or less 10 years to persuade President Trump that the trade deficit is, look, if America grows like it did ... growing economy in ... to buy U.S. bonds or ... Read More

Walters: Newsom flaunts state’s economy yet downplays its mounting ...

Walters: Newsom flaunts state’s economy yet downplays its mounting deficit California might be the world’s 4th largest market, but government spending has been growing far faster than revenues ... Read More

Why Trump hates the U.S. trade deficit and what that means for you

The U.S. trade deficit instead simply reflects the fact that the U.S. is a consumption-based economy. Even with the deficit, the U.S. has maintained strong domestic growth. Read More

Morning Bid: U.S. Economy Creaking Even Before Tariffs - U.S. News

There is growing evidence the U.S. economy was struggling even before this month's tariff sweep, ramping up the chances of a 2025 recession and bets that the Federal Reserve will eventually cut ... Read More