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Budget Deficit

Page 2 of 7
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 Shawn TullyJanuary 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 Jason MaSeptember 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 Jason MaAugust 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 Jason MaAugust 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 PressJuly 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 Jason MaJuly 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 Alicia AdamczykJuly 4, 2025
donald trump and elon musk in the oval office
Politics
Elon 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
Congressional Budget Office digs further into ‘Big, Beautiful Bill’ and now says it will raise deficit by $2.8 trillion, $441 billion more than before
Finance
Congressional 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
Jamie Dimon with Capitol building in background
Politics
Treasury 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
Republican senators, investors and even Elon Musk have doubts that Trump can fix the national debt
Politics
Republican senators, investors and even Elon Musk have doubts that Trump can fix the national debt
By Josh Boak and The Associated PressJune 2, 2025
Ray Dalio
Politics
Ray Dalio says politicians addressing U.S. budget deficit are like passengers ‘on a boat that’s headed for rocks’
By Paolo ConfinoMay 23, 2025
CBO 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
Politics
CBO 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
CATL surges in Hong Kong while U.S. asset investors digest how much debt is too much
Finance
CATL surges in Hong Kong while U.S. asset investors digest how much debt is too much
By Ian MountMay 20, 2025
Trump is heading to Congress to push his ‘big, beautiful bill’ as it risks collapse ahead of votes this week
Politics
Trump is heading to Congress to push his ‘big, beautiful bill’ as it risks collapse ahead of votes this week
By Lisa Mascaro, Kevin Freking, Leah Askarinam and The Associated PressMay 20, 2025
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Success
MacKenzie Scott alone accounted for one-third of America's $19.2 billion in megagifts last yearplaceholder alt text
By Sydney LakeJune 25, 2026
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