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Deficit

President Donald Trump pictured in front of an American flag.
EconomyNational debt fears are where Democrats and Republicans are most aligned—more so than on inflation, healthcare, or even the jobs market
By Tristan BoveMay 13, 2026
Elon Musk stares
Economy‘This is the way’: Elon Musk endorses Warren Buffett’s famed 5-minute plan to fix the national debt
By Jacqueline MunisMay 10, 2026
Trump’s 2027 budget gambles on rosy assumptions—and if they don’t pan out, America edges closer to a fiscal crisis driven by runaway interest costs
EconomyTrump’s 2027 budget gambles on rosy assumptions—and if they don’t pan out, America edges closer to a fiscal crisis driven by runaway interest costs
By Shawn TullyApril 9, 2026
Photo of Elon Musk
Politics‘No, we didn’t’: DOGE staffer admits Elon Musk’s cost-cutting agency failed to reduce the federal deficit
By Sasha RogelbergMarch 16, 2026
Scott Bessent, speaking into a microphone, raises one hand next to his face.
EconomyCBO highlights the good news in Trump’s lost tariff revenue hiking the deficit by $2 trillion: Lower inflation and unemployment—and higher GDP
By Sasha RogelbergMarch 6, 2026
New CBO report shows national debt spiraling into uncharted territory by 2035—and Trump’s tariff defeat will make the picture even worse
EconomyNew CBO report shows national debt spiraling into uncharted territory by 2035—and Trump’s tariff defeat will make the picture even worse
By Shawn TullyFebruary 21, 2026
a container ship is seen docked at the Port of Oakland
North AmericaTrump’s trade deficit was third highest on record even despite his tariffs upending the global economy, Commerce Dept. says
By Paul Wiseman and The Associated PressFebruary 19, 2026
Photo of Donald Trump
Economy$56 trillion national debt leading to a spiraling crisis: Budget watchdog warns the U.S. is walking a crumbling path
By Nick LichtenbergFebruary 17, 2026
Schumer
Politics‘This is a bad idea made worse’: Senate Dems’ plan to fix Obamacare premiums adds nearly $300 billion to deficit, CRFB says
By Nick LichtenbergDecember 5, 2025
Jerome Powell
Economy‘We are guilty of spending our rainy-day fund in sunny weather’: Top economists, historians unite to urge action on $38 trillion national debt
By Nick LichtenbergNovember 13, 2025
Donald Trump
EconomyTrump’s $2,000 tariff ‘dividends’ would cost twice as much as the revenue coming in, budget watchdog warns
By Nick LichtenbergNovember 10, 2025
Donald Trump
EconomyAs national debt accelerates to $38 trillion, watchdog warns it’s ‘no way for a great nation like America to run its finances’
By Nick LichtenbergOctober 22, 2025
Trump
Economy$1.8 trillion deficit revealed during ‘pointless and wasteful government shutdown,’ budget watchdog says
By Nick LichtenbergOctober 9, 2025
President Donald Trump
EconomyTrump is bringing in enough revenue from tariffs to cut deficits by $4 trillion over the next decade, CBO says
By Nick LichtenbergAugust 25, 2025
Donald Trump
Economy‘The nation’s finances have deteriorated’ since Trump took office, CRFB says, gaming out the scenarios up to a $28.5 trillion deficit
By Nick LichtenbergAugust 21, 2025
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