Trump’s budget has new vision for US government, but not the deficit

The president aims to cut federal jobs and health spending, while extending tax breaks and boosting military outlays.

What you need to know about budget deficits

The Nova Scotia government's projected $1.24-billion deficit and its plans to reduce it have become a topic of debate following the release of the province's budget for the 2026-27 fiscal year.

Government Spending

Federal workforce shrinks 12% as President Donald Trump's efficiency push takes effect, data shows, with thousands of government employees having left since September 2024. Social Security benefits ...

U.S. Budget Deficit Pressures Mount As War Spending Surges

The US budget deficit was already on shaky ground before the Iran war, and reports that Pentagon will seek an additional ...
Morningstar

What's at stake for bond investors if the U.S. deficit soars to $3.1 trillion over the next decade

The Congressional Budget Office's latest forecasts are out on the U.S. government's deficit situation - and they don't look very good. An ever-widening U.S. budget deficit over the next 10 years will ...
WCVB Channel 5 Boston

CBO: Federal deficits and debt to worsen over next decade

The nonpartisan Congressional Budget Office's 10-year outlook projects worsening long-term federal deficits and rising debt, driven largely by increased spending, notably on Social Security, Medicare, ...

A former IMF economist says he's worried that military spending will widen the US deficit and jack up borrowing costs

Panics about the rising US deficit have stirred up bond vigilantes before. An economist thinks concerns about military ...
AOL

US January budget deficit falls to $95 billion as revenue gains outpace spending growth

WASHINGTON, Feb 11 (Reuters) - The U.S. government posted a $95 billion budget deficit in January, down $34 billion or 26% from a year earlier as revenue ‌gains including customs duties outpaced ...