Us News U S Budget Deficit Hit 3 1 Trillion Amid Virus Spending Surge The New York Times

Congress used government funding bill to ‘erase’ $3.4 trillion in deficits

Quietly tucked inside Republicans’ funding deal to end the government shutdown is a provision wiping the congressional Pay-As-You-Go (PAYGO) scorecard, effectively forgiving nearly $3.4 trillion in ... Read More

What to know about the spending bill signed by Trump to end the U.S. government shutdown

The United States has reopened for full federal operations after President Donald Trump signed a new spending bill on Wednesday night, ending a 43-day government shutdown that had stalled services, ... Read More

US national debt hits a new record: $36 trillion

The U.S. national debt surpassed $36 trillion for the first time in the nation's history on Friday as the federal government continues to accumulate debt at a record-setting pace. New data from the ... Read More

US national debt surpasses $38 trillion during the government shutdown

Despite the challenges, the Trump administration has pointed to its efforts to reduce the national debt. Treasury Secretary Scott Bessent noted on X that the government’s yearly deficit ... Read More

In shutdown fight, fiscal hawks in US Congress push for flat spending

Republican fiscal hawks in Congress are making a new pitch in the struggle to end the longest government shutdown in U.S. history: Continue to spend at the same rate as last year for as long as ... Read More