News

U.S. Budget Deficit Widens to $1.3 Trillion as Interest on Public Debt Hits Record
The gap between federal revenue and government spending widened to more than $1.3 trillion in the first half of the fiscal ...
Committee for a Responsible Federal Budget12d
How Much Will Trump’s New Tariffs Raise?
In total, we estimate that the average weighted tariff rate on imports will rise to roughly 21 percent, much higher than the world’s average tariff rate of about 5 percent on U.S. goods. Over time, we ...
Reuters10d
US March deficit falls to $161 billion, customs revenue grows but still small
WASHINGTON, April 10 (Reuters) - The U.S. government posted a $161 billion budget deficit for March ... by COVID-19 induced spending increases and revenue reductions. For March, receipts grew ...
U.S. News & World Report9d
US March Deficit Falls to $161 Billion, Customs Revenue Grows but Still Small
US March Deficit Falls to $161 Billion, Customs Revenue Grows but Still Small By David Lawder WASHINGTON (Reuters) -The U.S. government posted a $161 billion budget deficit for March, down 32% ...