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Budget Deficit

Page 2 of 7
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 Eleanor PringleFebruary 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 Tristan BoveFebruary 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 Shawn TullyFebruary 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 Tristan BoveFebruary 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 Jason MaFebruary 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 Jason MaJanuary 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 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
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