By MARTIN CRUTSINGER, AP Economics Writer WASHINGTON (AP) — The federal government recorded a $74.9 billion deficit in June, a month when the government often runs a surplus, as corporate taxes dropped sharply
WASHINGTON (AP) — The U.S. trade deficit surged to a record $74.4 billion in March as an improving U.S. economy drove purchases of imported foreign goods.
Over the past several years, technology has consistently been one of the best-performing sectors under both Presidents Trump and Biden. The resilience and rapid advancements in areas like artificial intelligence, cloud computing, and cybersecurity have proven that the technology sector remains a key d...
According to a recent report by the Congressional Budget office, extending Trump’s tax cuts would add US$3.5 trn to the deficit through 2033, potentially weighing on the dollar and lifting bond yields.Immigration and Border security: This is an underappreciated risk, and one where Trump can ...
Stop US Deficit Spending. A very brief website warning about the growing U.S. federal government debt.
NEW YORK — The Indiana Pacers found themselves facing a daunting 17-point deficit in... Icon Bambi: A Trailblazer Before ‘Transgender’ Was Coined In decades past, when discussions around transgender identities were far from mainstream and long... More SPORTS NEWS WORLD World NewsDRUG SMUGGLING...
There are five significant causes of the size of thenational debt. First, the debt is an accumulation of federalbudget deficits. Each new program and tax cut adds to the debt. These show up inbudget deficits by president. The largest deficit goes toPresident Obama. He added the American...
Guo Jiakun, Chinese Foreign Ministry Spokesperson/MFA PRC Guo made the remarks at a regular press conference in response to that the US State Department has revised its China fact sheet, which is now an expanded section on economic ties emphasizing the US-China trade deficit, China's alleged ...
The United States is addicted to debt. With its federal deficit persistently above $1 trillion a year, US debt is growing by leaps and bounds, nearing $32 trillion. Ten years ago, when former US president Barack Obama fought with Republicans to raise the debt ceiling, the debt stood at $...
WASHINGTON (AP) — The federal government recorded a deficit of $100.5 billion in October, a big increase from a year ago that was primarily caused by quirks in the calendar. The Treasury Department said Tuesday that the deficit shot up 59 percent from the same month a year ago. Last year...