Deficit

Schumer
Politics

‘This is a bad idea made worse’: Senate Dems’ plan to fix Obamacare premiums adds nearly $300 billion to deficit, CRFB says

By
December 5, 2025
Jerome Powell
Economy

‘We are guilty of spending our rainy-day fund in sunny weather’: Top economists, historians unite to urge action on $38 trillion national debt

By
November 13, 2025
Donald Trump
Economy

Trump’s $2,000 tariff ‘dividends’ would cost twice as much as the revenue coming in, budget watchdog warns

By
November 10, 2025
Donald Trump
Economy

As national debt accelerates to $38 trillion, watchdog warns it’s ‘no way for a great nation like America to run its finances’

By
October 22, 2025
Trump
Economy

$1.8 trillion deficit revealed during ‘pointless and wasteful government shutdown,’ budget watchdog says

By
October 9, 2025
President Donald Trump
Economy

Trump is bringing in enough revenue from tariffs to cut deficits by $4 trillion over the next decade, CBO says

By
August 25, 2025
Donald Trump
Economy

‘The nation’s finances have deteriorated’ since Trump took office, CRFB says, gaming out the scenarios up to a $28.5 trillion deficit

By
August 21, 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 go-broke dates for Medicare and Social Security’s trust funds have moved up as rising health care costs and new legislation affecting Social Security benefits have contributed to closer projected depletion dates. That's according to an annual report released Wednesday.
Economy

Social Security and Medicare are going broke—and it’s happening faster than previously thought

By Fatima Hussein and The Associated Press
June 19, 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 Press
June 2, 2025
GOP House members and senators rip Medicaid cuts and booming deficits in tax bill as Trump says ‘The Bill is GREAT’
Politics

GOP House members and senators rip Medicaid cuts and booming deficits in tax bill as Trump says ‘The Bill is GREAT’

By Lisa Mascaro, Kevin Freking and The Associated Press
May 13, 2025
The EU can solve the tariff showdown ‘very quickly’ by spending an extra $56 billion on American products
Politics

The EU can solve the tariff showdown ‘very quickly’ by spending an extra $56 billion on American products

By
May 2, 2025
Bridgewater Associates Founder & Co-Chairman/Co-CIO Ray Dalio speaks onstage during TechCrunch Disrupt San Francisco 2019 at Moscone Convention Center on October 02, 2019 in San Francisco, California.
Finance

Dalio warns GOP of ‘dire’ debt as lawmakers weigh tax cuts

By Erik Wasson and Bloomberg
March 25, 2025
Trump says tariffs will bring back ‘stolen’ wealth and companies—and higher ones will work even better—as trade war fears stoke business anxiety
Politics

Trump says tariffs will bring back ‘stolen’ wealth and companies—and higher ones will work even better—as trade war fears stoke business anxiety

By Josh Boak, Paul Wiseman, Rob Gillies and The Associated Press
March 13, 2025
FILE - Rep. Lori Chavez-DeRemer, R-Ore., accompanied by Majority Whip Rep. Tom Emmer, R-Minn., left, and House Majority Leader Rep. Steve Scalise, R-La., right, speaks at a news conference on Capitol Hill in Washington, Jan. 25, 2023.
Politics

Trump chooses Bessent to be treasury secretary, Vought as budget chief, Chavez-DeRemer for Labor

By Fatima Hussein, Chris Rugaber and The Associated Press
November 23, 2024

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