You are viewing the "Deficit" Archives
Biden Proposes A Huge Hike In Government Spending In A $6 Trillion Budget
The president’s budget details his ambitious (and costly) plans to invest in infrastructure and the social safety net — the likes of which the country hasn’t seen in decades.
Trump Seeks More Border Wall Funding In New Budget
President Trump’s 2020 budget proposal, released on Monday, calls for $8.6 billion in new border wall funding, along with increased military spending and deep cuts to domestic programs.
Despite Strong Economy, Federal Deficit Soars
Even with a healthy job market and rapid economic growth, the federal government is piling up debt. The government’s deficit is expected to top $1 trillion next year.