WASHINGTON -- The federal government is on track to end fiscal 2025 with its third-largest deficit on record, based on Treasury Department data released Thursday. The agency reported the United States ...

The sweeping legislation, which passed in July, renewed the 2017 tax cuts for individuals and granted additional tax breaks, ...

The U.S. government ran a slightly smaller budget shortfall in the most recent year thanks to higher tariff revenue — but the national debt still rose to another record high, and shows no sign of ...

The U.S. government’s gross national debt – the total amount of money owed its creditors and other financial obligations – hit a record high of more than $38 trillion on Oct. 22, the Treasury ...

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 ...

President Trump's return to the Oval Office has coincided with a sharp acceleration in federal borrowing, with a fiscal watchdog estimating that the national debt jumped by roughly $2.25 trillion in ...

The U.S. national debt surpassed another historic milestone as it topped $38 trillion for the first time this week, as the federal government continues to rack up debt at a record-setting pace. New ...

The U.S. national debt keeps growing and growing. The U.S. government ran a slightly smaller budget shortfall in the most recent year thanks to higher tariff revenue - but the national debt still rose ...