A new report shows a much lower U.S. trade deficit as tariffs restricted both imports and exports, but some experts say the ...

The United States has not seen a trade gap this small since the aftermath of the global financial crisis, and the shift is ...

The federal budget deficit totaled $1.7 trillion in Calendar Year (CY) 2025, according to estimates from the Congressional Budget Office (CBO). The deficit in CY 2025 is $369 billion less than the ...

Because exports grew more than imports, the U.S. trade deficit shrank, in line with President Donald Trump’s goals.

With Maryland staring down a projected $1.4 billion budget deficit, scrutiny is intensifying over how effectively the state ...

Roughly a third of the revenue boom resulted from Trump’s unprecedented, near-universal tariffs on imports. Yet more than half of the revenue increase came from rising wages and realized capital gains ...

In his proposed budget, California Gov. Gavin Newsom is predicting a shortfall of $2.9 billion. That's much less than the $18 ...

The budget hole calls for sustainable revenue increases or serious spending cuts, the Legislature’s analysts say. But either would be unpopular with top Democrats.