Browsing: Deficit
In its early days, the Elon Musk-led Department of Government Efficiency (DOGE) bragged it could cut up to $2 trillion…
The Supreme Court’s decision to strike down the bulk of President Donald Trump’s tariffs has created a consolation prize for…
Plenty of observers already had doubts that, as Donald Trump put it on President’s Day, the U.S. has entered a…
The U.S. trade deficit slipped modestly in 2025, a year in which President Donald Trump upended global commerce by slapping double…
The Committee for a Responsible Federal Budget (CRFB) is a nonpartisan watchdog that regularly estimates how much the U.S. Congress…
President Trump’s recent proposal to pay Americans “at least $2,000 a person” from new tariff revenue—a policy he calls “tariff…
The U.S. national debt has surged past $38 trillion, according to the U.S. Treasury Department, just two months after surpassing…
The Committee for a Responsible Federal Budget (CRFB), Washington, D.C.’s leading nonpartisan budget watchdog, has sharply criticized the recent government…
“The nation’s finances have deteriorated” since President Trump took office, driven by sweeping legislative and trade policy changes, according to…
EU nations could commit to spending an extra $56 billion on American products to end the tariff showdown with US…