The administration is counting on robust growth, including from the Republican tax cuts — which Trump wants to make permanent — to push down the red ink.
On this edition for Sunday, March 10, the latest on Sunday's deadly crash of an Ethiopian Airlines flight, Republican strategist Frank Luntz on the political divide, Utah's Moab Musical Festival, and the legacy of Memphis-based Stax Records at a music…
By PBS NewsHour
The federal budget deficit is ballooning on President Donald Trump’s watch and few in Washington seem to care.
By Andrew Taylor, Associated Press
President Donald Trump will be making a significant request for border wall funds and seeking money to stand up Space Force as a new branch of the military in the White House budget being released next week, an administration official…
By Lisa Mascaro, Associated Press
By Gretchen Frazee
Spending less and saving more is often at the top of list when Americans make their New Year’s resolutions.
With the close of the government's fiscal year, numbers out this week show the federal budget deficit taking a 17 percent jump from 2017, despite significant economic growth. John Yang takes a closer look into the data and speaks with…
In our news wrap Wednesday, President Trump asked every member of his cabinet to cut five percent from his or her budget for next year after a report shows the U.S. deficit at $779 billion. Also, a senior official at…
By Associated Press
The House has easily approved a bipartisan $1.3 trillion measure handing huge spending increases to defense programs and domestic initiatives ranging from road-building to biomedical research.
Seemingly overnight, big changes to Medicare morphed from being an item on various congressional wish lists into reality as part of last week’s budget deal.
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