The US Department of Commerce says the combined goods and services trade deficit stretched to a gargantuan $918.4 billion in 2024. That's a 17% increase compared to 2023, although it's a little ...

Over the past 60 years, nearly every U.S. president has run a record budget deficit at some point, with former Presidents Donald Trump, Barack Obama, and Joe Biden running the largest U.S. budget ...

The museum, which faces a projected $10 million deficit, said it planned to cut more than a tenth of its employees and mount fewer exhibitions. A major Dutch museum is staging a huge exhibition of ...

A revenue deficit arises when a government's total income is insufficient to meet its total expenditures, excluding any borrowing or debt repayments. This situation signifies the government's failure ...

A primary deficit is the difference between what a government earns (not counting interest payments) and what it spends on non-interest items. It shows how well a government is managing its finances, ...

The Congressional Budget Office is estimating that the federal deficit will top one trillion dollars by 2020, a gap that will widen since Congress cut taxes and increased spending. South Dakota ...

In this guide to the United States National Debt, we discuss the amount of the country’s debt, what’s included in it, who manages the debt, the country’s debt ceiling, how it raises loans, and who ...