A major tool for deficit reduction — Trump's IEEPA tariff regime — is unconstitutional.

The federal budget deficit came to an estimated $1.8 trillion in the first 10 months of the fiscal year, according to the latest monthly analysis from the Congressional Budget Office. The total is ...

Over the past 12 months, total revenue was $5.4 trillion compared to $5.2 trillion over the same period a year prior. Spending was $7.3 trillion over the past 12 months compared to $7.1 trillion in ...

The U.S. trade deficit narrowed a bit in June, but it remains only slightly lower than before President Donald Trump took ...

The May increase is potentially troubling to a President Trump who, like many of his predecessors, does not like trade deficits.

The U.S. budget deficit surged past the $1 trillion mark in February, less than six months into fiscal year 2025. According to the Department of the Treasury, the federal government so far has spent a ...

Add Yahoo as a preferred source to see more of our stories on Google. It doesn’t mean the U.S. is losing money. It simply means foreigners are sending the U.S. more goods than the U.S. is sending them ...

In a remarkable turnaround, the U.S. deficit with Mexico has been larger than the deficit with China for three of the last five months and four of the last seven. In fact, the annual U.S. deficit with ...

Imports and exports both declined, retreating from a busy month in May, data from the Commerce Department showed.

The Kansas state government budget has a deficit of about $408 million after spending increases and tax cuts. How would ...