Committee for a Responsible Federal Budget

12-Month Deficit Totals $1.7 Trillion, Debt Approaches 100% of GDP

The federal budget deficit totaled $1.74 trillion between November 2024 and October 2025 according to estimates from the ...
PolitiFact

President Donald Trump is wrong that tariff revenues have slashed US deficit by 25%

The federal deficit has not fallen by 25% during Trump’s second term. The fiscal year 2025 deficit was 2.3% smaller than the fiscal 2024 deficit. When considering only the portions of the fiscal 2025 ...

Congress used government funding bill to 'erase' $3.4 trillion in deficits

Quietly tucked inside Republicans’ funding deal to end the government shutdown is a provision wiping the congressional Pay-As ...
Fox News

Federal Budget Deficit Stands at $263 Billion for First 5 Months of Fiscal Year

WASHINGTON – The Treasury Department says the federal deficit swelled to $263.3 billion in the first five months of this budget year as record spending during the period outpaced record revenues. The ...

The shutdown ‘accomplished nothing and caused significant harm’ to many people, budget watchdog says, giving ‘new meaning to fiscal irresponsibility’

"It's hard to imagine the bar for dysfunctional government getting any lower than it is right now," said the Committee for a ...

1st federal budget of Carney era comes in with deficit of nearly $78B

Finance Minister François-Philippe Champagne presented the Carney administration’s first federal budget Tuesday. It includes ...