The government fiscal year closes at the end of September, but this analysis will look at the calendar year budget.

This year’s projected budget deficit of $1.9 trillion is already likely to reach more than 6% of economic output, a threshold crossed previously only during World War II, the 2008-09 financial ...

The charts and tables below give an in-depth review of the Federal Budget, showing where the money is coming from, where it is going to, and the surplus or deficit. The government fiscal year ...

Budget hawks have fretted for decades about America’s deficits and debt, repeatedly advising our government to embrace ...

President Donald Trump’s One Big Beautiful Bill Act, working its way through Congress, permanently extends tax cuts ...

The charts below are based on information from the Congressional Budget Office, which does nonpartisan analysis for Congress. The totals are based on fiscal year 2023.

The US government saw its budget deficit widen from the prior year in the October to June period as spending rose, but customs duties surged to a record after President Donald Trump's wide-ranging ...

Federal budget deficit hits record $1.1T in first 5 months of fiscal ... Compared with the first five months of fiscal year 2024, this year's budget deficit is tracking more than $318 billion larger.

The federal budget sank further into red ink during December, leaving the first fiscal quarter deficit nearly 40% higher than it was the prior year. For the final calendar month of 2024, the ...

In its annual "Five-Year Financial Forecast," Oakland's Finance Department predicts yearly budget deficits ranging from about $115 million to nearly $130 million until the end of fiscal year 2029 ...