US federal net interest payments reached a record $723 billion in eight months, becoming the second-largest spending category ...

Mumbai, June 11 -- The latest Federal Budget Balance report shows that the U.S. government recorded a budget deficit of $293.0 billion. This marks a sharp reversal from the previous month, when the ...

The federal budget takes some big swings, with reforms to capital gains tax and negative gearing. There are also major spends on health, fuel and infrastructure. This has meant some risky moves in the ...

U.S. oil production is plateauing near record highs, making a 3 million b/d increase by 2028 increasingly unlikely. The CBO projects rising deficits and debt despite tariff revenues, driven by tax ...

The proposed US federal budget for 2027 does not allocate dedicated funding for the Ukraine Security Assistance Initiative (USAI), a key programme providing security assistance to Ukraine. Source: ...

CNBC's Megan Cassella reports on news from the U.S. Treasury.

WASHINGTON, DC - APRIL 10: U.S. Sen. Jeff Merkley (D-OR) speaks to reporters during a news conference on the impacts of the Republican budget proposal at the U.S. Capitol on April 10, 2025 in ...

President Trump has reshaped the country’s economic policies, but the outlook for the budget remains dire. By Andrew Duehren Reporting from Washington In the first year of his second term, President ...