President Donald Trump’s first year of his second, nonconsecutive term brought all sorts of changes. His administration shuttered the United States Agency for International Development, had the ...
Zooming out and looking over the history of the budget back to 2016 shows a more complete picture. The change since Covid is quite dramatic. In 2019, the deficit was $1.02T. In 2025, it was $1.66T.
The Fed is not the only central bank that is enmeshed in direct or indirect fiscal financing. The current situation raises ...
Corporate America loves huge and growing federal government deficits. Few corporate leaders will admit this, but the fact is that a dramatic reduction in the federal deficit would lead to a decline of ...
The US Treasury's October Monthly Statement shows the government shutdown did not improve the deficit, with spending outpacing revenue growth. Major spending increases in Health and Human Services, ...
'When the government spends ... private businesses and employees eventually cash the check.' Corporate America loves huge and growing federal government deficits. Few corporate leaders will admit this ...