The US budget deficit shrank to $1.67 trillion for the 2025 calendar year, the smallest in three years, thanks mainly to a ...

At about the size of the entire U.S. economy, the national debt is on track to exceed its post-World War II record of 106% within the next three years. The 3% target would help to stabilize the debt ...

The resolution expresses the sense of the House of Representatives that the United States should reduce and maintain the federal unified budget deficit at or below 3% of GDP while acknowledging that ...

A new report shows a much lower U.S. trade deficit as tariffs restricted both imports and exports, but some experts say the ...

The Rules Committee must suggest rule changes to help meet the target, including making budget rules more difficult to waive ...

The U.S. economy may be on track to post an exceptionally strong expansion in the fourth quarter of 2025, helped in large ...

The monthly trade deficit continued to shrink in October after President Trump imposed sweeping tariffs on imports, the latest data showed.

It's no secret that Uncle Sam has been living beyond his means. During the past 25 years, U.S. national debt as a percentage of gross domestic product has almost tripled to 98%, according to the ...

Janet Yellen told Newsweek that exempting U.S. firms from new global taxation rules had sacrificed "significant tax revenue.” ...

Billionaire Ray Dalio has issued his starkest warning to date regarding the U.S. national debt, comparing the escalating crisis to an impending “economic heart attack.” What Happened: Dalio urged the ...