The Congressional Budget Office (CBO) on Wednesday released data showing the federal government ran a $1.8 trillion budget deficit in fiscal year 2025 amid mounting interest costs on the nearly $38 ...
The federal government's budget deficit reached $2 trillion for the current fiscal year as the deficit has widened by nearly $100 billion from last year. The nonpartisan Congressional Budget Office ...
While many areas of the country held elections Tuesday, Congress continued to shirk its main job: passing a budget for fiscal year 2026, which began on Oct. 1. Tuesday marked the 35th impasse day.