US national debt surges past $39 trillion just weeks into war in Iran

The U.S. national debt has hit a record $39 trillion. The deficit hit the milestone Wednesday just weeks into the ...

Federal deficit totaled $1 trillion in beginning of FY2026, CBO says

The United States federal budget deficit totaled $1 trillion in the first five months of fiscal year 2026, according to the ...

DOGE cuts did nothing to reduce federal deficit, admits team lead

One of the DOGE officials leading Elon Musk’s DEI purge of US government departments says he does not regret costing people ...

Sen. Kevin Cramer proposes bill to cut federal deficit

Right now, senators in Washington D.C. are having floor debates over the 'SAVE' Act. But North Dakota senator Kevin Cramer ...

‘No, we didn’t’: DOGE staffer admits Elon Musk’s cost-cutting agency failed to reduce the federal deficit

In its early days, the Elon Musk-led Department of Government Efficiency (DOGE) bragged it could cut up to $2 trillion from ...

Budget deficit hits $1 trillion in first five months of fiscal year: CBO

Federal budget deficit reached $1 trillion in five months through February 2026 as tax revenue jumped $206 billion due to ...
NBC Connecticut

Despite Cuts Federal Deficit Still Tops $1 Trillion

The federal budget deficit has topped $1 trillion for a fourth straight year, according to NBC News and wire services. But a modest improvement in economic growth helped narrow the gap by $207 billion ...
WCVB Channel 5 Boston

CBO: Federal deficits and debt to worsen over next decade

The nonpartisan Congressional Budget Office's 10-year outlook projects worsening long-term federal deficits and rising debt, driven largely by increased spending, notably on Social Security, Medicare, ...