US trade deficit sinks as tariffs take a bite. See latest numbers

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

US trade deficit unexpectedly falls to lowest level since 2009

The U.S. trade deficit fell to its lowest monthly level since 2009 in October, a twist in volatile trade flows over the past ...
Committee for a Responsible Federal Budget

12-Month Rolling Deficit is $1.7 Trillion in Calendar Year 2025

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 ...

US October trade deficit lowest since 2009 as imports decline

The U.S. trade deficit contracted sharply in October, hitting the lowest level since mid-2009 as imports declined, a trend ...

As Maryland confronts $1.4B deficit, officials can’t say whether massive fraud is occurring

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

U.S. Trade Deficit Fell to Lowest Level Since 2009 as Tariffs Reshape Trade

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

Governor proposes 2026-27 California budget with significantly lower deficit

Gov. Gavin Newsom proposed a state budget for the fiscal year beginning July 1 with a $2.9 billion deficit, an amount ...