The Federal Government ran a $1.8T budget deficit for the fiscal year, with a $560B deficit in the last quarter alone.

and an annual deficit or surplus helps build up (or trim down) the overall debt total, which at any given point is a snapshot. The deficit is an annual measure, while a pile of debt, as mentioned ...

For September, the government reported a $64 billion surplus, compared to a $171 billion deficit in September 2023, but the improvement was largely due to calendar adjustments for benefit payments.

Rather, the current accounts should be evaluated based on volume, not deficit or surplus. Yes. A trade deficit occurs when a country’s imports exceed its exports. Yes. They are long-term ...

The U.S. plastics industry returned to a trade surplus in 2023 but the change is likely to be temporary, with deficits returning through 2030, according to a new report from the Plastics Industry ...

two wars on the nation's credit card, an unfunded expansion of an entitlement program, and general overspending turned what could've been a cushy surplus into a huge deficit.