America’s debt will be more than 100% of U.S. gross domestic product by later this year, the Congressional Budget Office ...

Explore the history of fiscal deficits in the U.S. from 1789 to now, and understand how early figures like Alexander Hamilton addressed budget shortfalls in the country.

Federal outlays grew nearly as much, from $6.735 trillion in 2024 to $7.01 trillion in 2025. The main drivers were an additional $294 billion spent on Medicaid, Medicare, and Social Security. Last ...

Corporate America loves huge and growing federal government deficits. Few corporate leaders will admit this, but the fact is that a dramatic reduction in the federal deficit would lead to a decline of ...

Recent developments suggest that the US Federal Reserve's bond purchases are no longer just a "monetary operation," but an essential component of the US government's fiscal financing. The sooner that ...