Budget Deficit

Low angle view of male carpenters working on rooftop of construction frame
Economy

More people are moving out of the U.S. than moving in for the first time since the Great Depression—a bad omen for the $38.8 trillion national debt

By
February 27, 2026
President Donald Trump pictured during his 2026 state of the union address.
Economy

Trump claims America is ‘winning so much.’ The IMF agrees, adding that Trump’s trade policies are the only thing holding it back from even more

By
February 26, 2026
Statue in front of a building, US Treasury Department, Washington DC, USA
Economy

Come 2030, the U.S. deficit will be worth 5.9% of GDP—more than spending on Social Security, and equal to major health programs

By
February 26, 2026
Gita Gopinath pictured during a Davos panel
Economy

America’s $901 billion trade deficit is like ‘chronically high cholesterol,’ top economist says, and Trump’s 150-day tariffs are the wrong medicine

By
February 25, 2026
New CBO report shows national debt spiraling into uncharted territory by 2035—and Trump’s tariff defeat will make the picture even worse
Economy

New CBO report shows national debt spiraling into uncharted territory by 2035—and Trump’s tariff defeat will make the picture even worse

By
February 21, 2026
President Donald Trump
Economy

The ‘alternative scenario’ of an even bigger national debt disaster is in play after the Supreme Court ruled Trump’s tariffs illegal

By
February 20, 2026
A U.S. ‘debt spiral’ could start soon as the interest rate on government borrowing is poised to exceed economic growth, budget watchdog says
Economy

A U.S. ‘debt spiral’ could start soon as the interest rate on government borrowing is poised to exceed economic growth, budget watchdog says

By
February 14, 2026
Deficits boost U.S. debt but also inflate corporate profits and stocks, so reducing red ink could trigger a financial crisis, analysts warn
Economy

Deficits boost U.S. debt but also inflate corporate profits and stocks, so reducing red ink could trigger a financial crisis, analysts warn

By
January 16, 2026
Artistic illustration of a huge wave made up of dollar bills engulfing the Capitol building
Economy

America’s $38 trillion national debt is so big the nearly $1 trillion interest payment will be larger than Medicare soon

By
January 15, 2026
U.S. may have to refund half its tariff revenue as high-stakes court battle threatens to wreak havoc on the deficit and bond market
Finance

U.S. may have to refund half its tariff revenue as high-stakes court battle threatens to wreak havoc on the deficit and bond market

By
September 7, 2025
Trump’s reciprocal tariffs are struck down by federal appeals court, putting trade deals and huge revenue windfall at risk
Economy

Trump’s reciprocal tariffs are struck down by federal appeals court, putting trade deals and huge revenue windfall at risk

By
August 29, 2025
Trump’s tariffs are becoming such an important revenue source that they’re now propping up America’s debt rating
Finance

Trump’s tariffs are becoming such an important revenue source that they’re now propping up America’s debt rating

By
August 25, 2025
Budget office confirms that Trump’s tax law will add $3.4 trillion to deficits
Politics

Budget office confirms that Trump’s tax law will add $3.4 trillion to deficits

By Kevin Freking and The Associated Press
July 22, 2025
The U.S. debt outlook is so dire it now resembles the student loan crisis, former White House economic adviser says
Economy

The U.S. debt outlook is so dire it now resembles the student loan crisis, former White House economic adviser says

By
July 12, 2025
Trump signs ‘One Big Beautiful Bill’ into law: What that means for your money
Personal Finance

Trump signs ‘One Big Beautiful Bill’ into law: What that means for your money

By
July 4, 2025

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