Discover how deficit spending works and stimulates the economy, guided by Keynesian theory. Learn about its impact, benefits, and criticism.

The federal government's budget deficit has grown by more than $300 billion in the first five months of fiscal year 2025, according to the latest data. The Treasury Department's latest monthly ...

The Trump-backed budget and spending package making its way through Congress will increase the federal deficit by $2.8 trillion by 2034, the nonpartisan Congressional Budget Office said in a report ...

Taken in absolute terms at the end of each presidential term, the claim is true. However, while a U.S. president can direct policy and campaign for certain spending priorities and tax reforms, the ...

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 ...

The federal spending deficit is likely to increase in 2025, forecasters say. Incoming president Donald Trump said he would cut taxes and spending, but Congress is much more likely to agree on the ...

The US Department of Commerce says the combined goods and services trade deficit stretched to a gargantuan $918.4 billion in 2024. That's a 17% increase compared to 2023, although it's a little ...

President Donald Trump’s decision to impose broad tariffs on nearly all of the country’s trading partners appears to be an attempt to address his longtime dissatisfaction with the U.S. trade deficit.

In fiscal year 2020, President Donald Trump’s last full fiscal year in office during his first term, the U.S. Department of Agriculture reported a trade deficit of $3.7 billion. The most current data ...

The U.S. trade deficit now routinely tops $1 trillion, principally because of four particularly large U.S. trade deficits – with China, Mexico, Vietnam and Ireland. The 2024 deficit was a record $1.2 ...

United States' trade deficit—total goods and services imports minus exports—jumped 25 percent last month, according to the latest Bureau of Economic Analysis. The annual deficit in goods and services ...

The Appleton Area School District is projecting a budget deficit between $7.5 million and $11.5 million for the 2025-26 school year, despite increased state funding for special education. Increased ...