The Kalecki-Levy profit equation shows how $1.9 trillion US deficits fuel corporate earnings, creating trade-offs for equity ...

The latest report from the U.S. Treasury Department revealed the stark gap between government income and spending. In July, the government collected $338 billion in total receipts but spent $630 ...

The U.S. government's budget deficit grew nearly 20% in July to $291 billion despite a nearly $21 billion jump in customs duty collections from President Donald Trump's tariffs, with outlays growing ...

The U.S. government is technically insolvent, with its liabilities far exceeding its assets, and its financial condition is deteriorating with each passing day. Washington seems to be addicted to ...

President Trump’s increased tariffs will decrease U.S. government deficits by $4 trillion through 2035, according to newly revised projections by the Congressional Budget Office. Phill Swagel, ...

WASHINGTON -- The federal government is on track to end fiscal 2025 with its third-largest deficit on record, based on Treasury Department data released Thursday. The agency reported the United States ...