Between tax cuts, the war against Iran, and the Supreme Court ruling against Donald Trump’s tariffs, the federal budget is headed further into the red. How much does that matter? Depends on which ...
(The Center Square) - The United States federal budget deficit totaled $1 trillion in the first five months of fiscal year 2026, according to the Congressional Budget Office. The latest federal ...
If the anniversary celebration for Trump’s “liberation day” tariffs didn’t already ring hollow, it should now.
Looking at the average monthly deficit, January and February were both worse than average, whereas March was slightly better.
The Congressional Budget Office has released its annual Budget and Economic Outlook for 2026 to 2036, and once again, CBO and the media are blaming the nation’s deficit problem on Republican tax cuts.
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