The sweeping legislation, which passed in July, renewed the 2017 tax cuts for individuals and granted additional tax breaks, including temporary provisions that allow workers to deduct tips and ...

Prior to the passage of the One Big Beautiful Bill, Trump’s “growth” math stood a chance of closing the gap. Now it’s much ...

Spiraling interest payments—which grew from $352 billion in 2021 to $970 billion in 2025—put the debt train on an accelerated ...

He argued deficit reduction reduces inflationary pressures on the economy. President Joe Biden on Wednesday said that the federal government will pay down the national debt this quarter for the first ...

Rearmament, an aging population, technological change and fear of voters are fueling a risky trend.

The Peter G. Peterson Foundation, a nonpartisan budget watchdog, ran the numbers exclusively for Fortune.

For investors who listened to Dalio’s predictions of a coming “depression” a decade ago, they missed participating in one of the most significant bull markets in U.S. history. Not all debt is created ...

Budget 2026 announces a fiscal deficit of 4.3% of GDP for FY27, reflecting ongoing fiscal consolidation efforts by the ...

Continuingon the path of fiscal consolidation, Finance Minister Nirmala Sitharaman on Sunday pegged fiscal deficit at 4.3 per ...

The Centre aims to limit the fiscal deficit to 4.3% of gross domestic product (GDP) in 2026-27 from the 4.4% in 2025-26 while the debt-to GDP ratio is.