U.S. budget deficit

The Latest

  • U.S. Deficit To Exceed GDP This Year: Estimates
    Quad meeting
    Congressional Democrats and Biden are seeking to pass the $1.9 trillion boost through budget reconciliation.
  • U.S. Budget Shortfall Hits All-Time High $3.1 Trillion Due To Pandemic
    RECESSION
    U.S. debt reached over 100 percent of GDP, the first time it surpassed the size of the economy in over seven decades.