WASHINGTON — U.S. federal budget deficits will be nearly $1 trillion higher over the next decade than projected in January by the Congressional Budget Office as a result of tax and spending ...
The U.S. federal budget deficit hit $1.8 trillion in the fiscal year ending on Sept. 30, the Congressional Budget Office (CBO) reported Wednesday. Moreover, President Donald Trump’s sweeping tariffs ...
The U.S. federal budget shortfall stood at $1.81T in fiscal-year 2025, the nonpartisan Congressional Budget Office estimated in its monthly budget review released on Monday, narrowing 4% from the ...
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