Explore how the crowding-out and multiplier effects impact government stimulus spending. Learn which theory better stimulates ...

The U.S. Treasury Department released the latest Monthly Treasury Statement on Tuesday, Jan. 13, revealing that the federal ...

The U.S. government posted a $145 billion budget deficit for December, up 67% or $58 billion from a year earlier due to ...

Discover how the U.S. federal budget works, its role in government spending, and its historical evolution, including details ...

This figure, while still denoting a deficit, is a slight improvement compared to the previous month’s deficit of -$173.0B.

The December budget deficit came in at $144.75 billion, a record for the month and 68 percent higher than last year.

Gov. Gavin Newsom’s proposed budget “does not materially address” long-term concerns, a key analyst warned Sacramento ...

The U.S. government spent $173 billion more than it collected in revenues in November. But as bad as that sounds and is, it is nevertheless better than the $193 billion deficit posted in October and ...