deficit

California is billions of dollars in debt to the federal government to pay for its unemployment insurance trust at a time when the state’s expenses far exceed its income. The state’s government owes almost $21 billion to the federal…

The interest on the U.S. national debt is increasingly becoming more costly as interest rates rise and more debt is taken on. Average Americans will be stuck footing the bill from reckless spending as a larger portion of the U.S.…

The federal government’s deficit for fiscal year 2023 is set to double thanks largely to large amounts of government spending greenlit by the Biden administration, according to budget experts surveyed by The Washington Post. The deficit…

SACRAMENTO — One would never know from the new $310 billion state budget that California had been experiencing an enormous $32 billion deficit. Gov. Gavin Newsom and Democratic legislators touted all the spending in the new…

April 15th, Tax Day, is upon us (it’s April 18th this year.). That means our Federal Income Tax liability must be determined. Our hope is that over the last calendar year we withheld enough, maybe…

by Seth Sandronsky   It is growing relentlessly. The U.S. trade deficit, the gap between what the nation imports and exports in goods and services, increased to $67.4 billion in December, an increase of $6.4 billion from $61.0 billion…

by Trevor Schakohl   The U.S. trade deficit increased to its highest recorded level in 2022, thanks in part to a surging trade deficit with China. The U.S. registered a roughly $948.1 billion goods and services deficit for the…

The U.S. trade deficit increased to its highest recorded level in 2022, thanks in part to a surging trade deficit with China. The U.S. registered a roughly $948.1 billion goods and services deficit for the year, including a $382.9…

Country United States of AmericaUS Virgin IslandsUnited States Minor Outlying IslandsCanadaMexico, United Mexican StatesBahamas, Commonwealth of theCuba,…

The U.S. federal budget deficit set a record for the month of November, jumping $57 billion from the same month last year to $249 billion, according to The Wall Street Journal Monday. The cumulative federal deficit rose to $336…