Since Donald Trump returned to the White House in January, the federal deficit has declined by $516 billion on a trailing-12-month basis. Spending is basically flat, but revenue is up a remarkable 8.5 ...

The national debt now stands at more than $38 trillion. The tariff revenue we rake in is just a drop in the bucket compared to that amount. The Trump administration has proposed using tariff revenue ...

(The Center Square) – Republicans’ recently-passed One Big Beautiful Bill Act will add trillions to the federal deficit and debt over the next decade, according to the Congressional Budget Office’s ...

The U.S. House approved the Senate’s version of the budget reconciliation bill on July 3, 2025. Daniel Desrochers A massive federal spending bill, chock full of tax breaks and social welfare cuts, ...

Members of the conservative House Freedom Caucus are warning they have serious issues with the Senate's version of President Donald Trump's "big, beautiful bill" as it's currently written. The group ...

Amid the U.S. Congress' voting and deliberations over the annual budget bill in June and July 2025, which President Donald Trump deemed "One Big Beautiful Bill," was — as usual — some conversation ...

Roughly a third of the revenue boom resulted from Trump’s unprecedented, near-universal tariffs on imports. Yet more than half of the revenue increase came from rising wages and realized capital gains ...

America’s national debt recently set a record by surpassing $37 trillion, bringing renewed attention to a topic that regularly makes headlines but isn’t always easily understood. One reason for the ...

The nation’s federal deficit slightly improved in June when the federal government actually ran a surplus. But, in July, the federal government’s deficit grew by nearly 20%, despite the increased ...