The tariffs thrown out by the Supreme Court had become an important revenue source. President Trump said he could replace that money with other levies.

WASHINGTON: US federal budget deficits will be nearly US$1 trillion higher over the next decade than projected in January by the congressional budget office (CBO) as a result of tax and spending ...

The highest nationwide estimate puts U.S. fraud losses at $521 billion. Even if all of that could be recouped, it would amount to less than a third of the 2025 deficit of $1.775 trillion. See the ...

The U.S. Treasury Department announced how much the federal government has added to its deficit so far this year. According to the department’s latest Monthly Treasury Statement released on Tuesday, ...

The Federal Government publishes the spending and revenue numbers on a monthly basis. Looking at the average monthly deficit, both October and December were much larger than average, with November ...

The U.S. budget deficit will grow slightly in fiscal 2026 to $1.853 trillion, the Congressional Budget Office forecast on Wednesday, showing that on balance, President Donald Trump's economic policies ...

U.S. oil production is plateauing near record highs, making a 3 million b/d increase by 2028 increasingly unlikely. The CBO projects rising deficits and debt despite tariff revenues, driven by tax ...

Polish bank stocks were weaker after the country’s finance ministry outlined plans to increase the corporate income tax rate paid by lenders in a bid to shore up its budget. The tax-and-spending ...