U.S. Federal Budget Deficit Narrows in March with Reduced Outlays and Increased Receipts

The U.S. Treasury Department announced on Wednesday that the federal budget deficit experienced a significant contraction in March, attributed to a decrease in government spending and an uptick in ... Read More

U.S. budget deficit tops $1 trillion halfway through fiscal year

The U.S. budget deficit has topped $1 trillion halfway through the current fiscal year, driven in part by rising interest payments on the national debt. Read More

US Budget Deficit Exceeds $1 Trillion Through March

The US budget deficit ... to $410 billion, while spending by the Social Security Administration was up eight percent to $741 billion. There was a drop in expenditures for the month of March ... Read More

U.S. House Passes Historic $95 Billion Security Budget

Following President Biden’s address, the U.S. House of Representatives took decisive action by passing a security budget totaling approximately $95 billion to provide support to Ukraine, Israel, and ... Read More

March budget deficit fellas revenues grew over 11%

The national government’s budget deficit narrowed to P195.9 billion in March 2024 from P210.3 billion a year ago, as revenue grew 11.32 percent year-on-year, the Bureau of the Treasury said Wednesday. Read More

Six-Month Federal Budget Deficit: $1.1 Trillion

Roosevelt responded to growing threats abroad with a much needed U.S. defense buildup. The Biden Democrats' approach is to focus on domestic spending only. Images: AP/Bloomberg News Composite ... Read More

How the US Budget Deficit’s Economic Implications Could Trickle Down to You

Suppose you earn $5,000 per month, and your monthly bills and expenses are $4,800 per month. You have a budget surplus of $200 per month. One ... The U.S. government runs at a deficit more often ... Read More

U.S. trade deficit widens for third straight month in February

The U.S. international trade deficit widened 1.9% in February to a seasonally adjusted $68.9 billion, the Commerce Department said Thursday. It is the third straight month with a wider deficit and ... Read More