America’s debt will be more than 100% of U.S. gross domestic product by later this year, the Congressional Budget Office ...

The United States' deficit for the current fiscal year is increasing at a lower rate compared to the prior year, with the federal government ending January with a nearly $697 billion gap between its ...

The measure sets a target of reducing the deficit to 3% of GDP or less. After reaching that goal, Congress would then aim for ...

The Congressional Budget Office expects the U.S. federal deficit to rise more over the coming years than previously expected, ...

The U.S. national debt is set to break a World War II record by 2030, reaching 108% of GDP as the Congressional Budget Office warns of mounting fiscal challenges ahead.

UCLA is generating a nearly $400 million annual structural budget deficit, according to a Jan. 29 Academic Senate preliminary ...

Donald Trump’s policies will expand the federal budget deficit by $1.4tn over the coming decade, Congress’s fiscal watchdog ...

Massive budget deficits have sent U.S. debt soaring past $38 trillion, but they have also become the primary driver of corporate profits and stock valuations, according to Research Affiliates. In a ...

Revenue shortfalls, rising liability payouts and departmental overspending contributed to a second consecutive annual budget deficit for Los Angeles, City Controller Kenneth Mejia reported Wednesday.