Budget Deficit
EconomyAmerica’s $38 trillion national debt is so big the nearly $1 trillion interest payment will be larger than Medicare soon
By Shawn TullyJanuary 15, 2026
FinanceU.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 Jason MaSeptember 7, 2025
EconomyTrump’s reciprocal tariffs are struck down by federal appeals court, putting trade deals and huge revenue windfall at risk
By Jason MaAugust 29, 2025
FinanceTrump’s tariffs are becoming such an important revenue source that they’re now propping up America’s debt rating
By Jason MaAugust 25, 2025
By Kevin Freking and The Associated PressJuly 22, 2025
EconomyThe U.S. debt outlook is so dire it now resembles the student loan crisis, former White House economic adviser says
By Jason MaJuly 12, 2025
By Alicia AdamczykJuly 4, 2025
PoliticsElon Musk says Trump’s ‘Big Beautiful Bill’ could spell disaster for America. Here are its biggest pain points, according to critics
By Lily Mae LazarusJuly 1, 2025
FinanceCongressional Budget Office digs further into ‘Big, Beautiful Bill’ and now says it will raise deficit by $2.8 trillion, $441 billion more than before
By Fatima Hussein, Lisa Mascaro and The Associated PressJune 18, 2025
PoliticsTreasury head Scott Bessent says Jamie Dimon should relax about the bond markets: ‘For his entire career he’s made predictions…none of them have come true’
By Irina IvanovaJune 2, 2025
PoliticsRepublican senators, investors and even Elon Musk have doubts that Trump can fix the national debt
By Josh Boak and The Associated PressJune 2, 2025
PoliticsRay Dalio says politicians addressing U.S. budget deficit are like passengers ‘on a boat that’s headed for rocks’
By Paolo ConfinoMay 23, 2025
PoliticsCBO says tax breaks in ‘big, beautiful bill’ would increase deficit by $3.8 trillion while Medicaid and other cuts will only shave $1 trillion in spending
By Lisa Mascaro, Kevin Freking, Leah Askarinam, Joey Cappelletti and The Associated PressMay 21, 2025
By Ian MountMay 20, 2025
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