Trump's pick for Treasury secretary wants to cut federal deficits to the levels of Barack Obama's presidency. Those days are ...

Deficit reduction may be the toughest of the three. The federal deficit hit $1.8 trillion in fiscal year 2024, which ended Sept. 30. That was 6.4% of GDP. The last time the deficit came in under 3 ...

WASHINGTON — President-elect Donald Trump on Day One can move to cut the federal deficit by $1.4 trillion over the next ... The SAVE initiative, in which 8 million borrowers are enrolled ...

Government spending cuts and Elon Musk's DOGE initiative face challenges. See why cash-rich AI stocks and 1 ETF may be a ...

The federal ... than $2 trillion. There is no sign of any relief from mounting deficits. The 2024 fiscal year ended on September 30 with the FY's total deficit coming in at $1.8 trillion.

The U.S. government is set to run a nearly $2 trillion deficit this year and will end this calendar year with more than $28 ...

including deep cuts to federal spending and an overhaul of the bloated bureaucracy. To understand why the wrecking ball is needed, look at the annual budget deficit − $1.8 trillion in fiscal ...

Federal net outlays totaled $6.75 trillion this past fiscal year, which ended September 30th. Receipts from taxes and so ...

Trump will free America’s economy from Biden’s regulatory nightmare to encourage economic growth and domestic energy ...