Federal budget deficit
The federal government spent so much more than the Congressional Budget Office (CBO) had expected in Fiscal Year 2023 that the CBO’s projection set a…
After declining in 2022, the U.S. budget deficit has surged higher in 2023, despite economic growth, troubling economists.
In the first ten months…
The federal budget deficit was $1.2 trillion in the first eight months of fiscal year 2023 (FY23), nearly three times higher than it was in the first…