Federal budget deficit expected to soar to $2.7 trillion in 2035, highlighting pressure on GOP
As congressional Republicans struggle to keep deficits in check while extending their sweeping 2017 tax cuts, the ...
US budget deficit to hit $1.9 trillion in 2025: CBO
The Congressional Budget Office (CBO) projected on Friday that the federal budget deficit would hit $1.9 trillion in fiscal ...
US Treasury reports record $711 billion budget deficit for first months of 2025
The $711 billion October-December deficit was $201 billion higher than the $510 billion deficit in the same period a year ...
The Daily Star27d
US consumer spending rises; inflation showing progress
Spending at restaurants and bars as well as on hotel and motel stays also increased. Spending on services rose 0.2 percent. When adjusted for inflation ... chart titled "Monthly change in US ...
Morningstar4d
U.S. budget deficit swells to record $711 billion in first quarter of fiscal year
The numbers: The U.S. federal budget deficit widened to a record $711 billion ... Ramaswamy with finding $2 trillion in cuts to annual government spending, or more than 30% of the federal budget ...
Investopedia21d
What Will Happen To The Deficit In 2025?
He's also worked at U.S. 1 ... cut spending. The government consistently spends more than it collects in taxes, and the outcome of the November election means that gap—the deficit—will ...
Yahoo Finance1mon
US consumer spending solid; inflation showing progress as year ends
WASHINGTON (Reuters) -U.S. consumer ... Spending at restaurants and bars as well as on hotel and motel stays also increased. Spending on services rose 0.2%. When adjusted for inflation, consumer ...
KSL1mon
US health care spending neared $5 trillion in 2023, government report says
The agency, which oversees Medicare plans for people aged 65 and older or with disabilities, said health care spending outpaced U.S. economic growth. It rose by an inflation-adjusted 4.4% compared ...