Federal budget deficit on track to surpass $2T this fiscal year as spending outpaces revenue

The CBO's monthly update shows the federal budget deficit on track to hit $2.1 trillion as national debt interest costs surge 14% year over year.

Republicans reckon with possibility of bipartisan fiscal commission to close deficits

Republican lawmakers are largely open to the idea of some sort of bipartisan fiscal commission to address the federal ...

U.S. budget deficit hit July record of $432 billion in fiscal 2026

The 10-month fiscal 2026 deficit has already surpassed the full-year 2025 shortfall, with 2 months still remaining ...

Deficit will be $200B more than initially anticipated: CBO projection

The fiscal year deficit for the federal government will be $200 billion more than the Congressional Budget Office (CBO) initially projected, the federal agency revealed Monday. In its monthly budget ...
Seeking Alpha

Gold As A Fiscal Barometer: Why Deficits Matter More Than Rates

Gold is best understood as a pricing of fiscal sustainability rather than a direct function of monetary variables such as real yields or inflation. U.S. budget deficits and rising refinancing pressure ...

U.K. lands near U.S. in fiscal deficit rankings

The U.K. found itself in some uncomfortable fiscal company, ranking just behind the U.S. among major economies with the ...