Feb 13 U.S. budget deficit running over 40 percent higher than last year By Martin Crutsinger, Associated Press The Treasury Department said Wednesday that the budget deficit from October through December totals $318.9 billion, up from a deficit of $225 billion for the same three months in the previous year. Continue reading
Oct 18 Companies are paying less after the GOP tax cut, and it’s showing in the deficit By Gretchen Frazee Corporations paid $205 billion in taxes during fiscal year 2018, $92 billion less than the year before. Continue reading
Oct 15 Federal budget deficit surges to highest level in 6 years at $779 billion By Josh Boak, Associated Press The Treasury Department said Monday that the deficit climbed $113 billion from fiscal year 2017. Continue reading
Dec 15 Watch 6:06 Is the GOP tax bill fiscally responsible? By PBS News Hour While Republicans are poised to pass a major tax bill, the party's focus on the deficit seems to be taking a backseat. Will their overhaul spur enough growth to bridge the debt gap, or are GOP lawmakers gambling with an… Continue watching
Aug 03 What Clinton and Trump propose for Social Security and Medicare By Philip Moeller What's in store for Social Security and Medicare?… Continue reading
Jul 15 White House says budget deficit will rise to $600 billion By Andrew Taylor, Associated Press The disappointing figures, while expected, come after the deficit has steadily declined. Continue reading
Aug 25 Congressional budget analyst predicts drop in deficit By Alan Fram, Associated Press Congress' official budget analyst projected Tuesday that this year's federal deficit will drop to $426 billion, the lowest shortfall of Barack Obama's presidency. Continue reading
Jan 26 Deficit to shrink to lowest level of Obama presidency, CBO says By Stephen Ohlemacher, Associated Press Solid economic growth will help the federal budget deficit shrink this year to its lowest level since President Barack Obama took office, according to congressional estimates released Monday. Continue reading
Sep 17 Is the Federal Reserve printing a free lunch? By Terry Burnham The Federal Reserve is nearing the final drawdown of its quantitative easing program, which, in several ways, has helped reduce the budget deficit. But has that really been such a free lunch, asks economist Terry Burnham?… Continue reading
Jul 11 2014 budget deficit to drop to $583 billion, White House says By Andrew Taylor, Associated Press WASHINGTON — The White House says this year's budget deficit will drop to $583 billion, the lowest level of President Barack Obama's tenure. Continue reading