Deficit

New York Faces $2.3 Billion Budget Shortfall

McConnell Calls National Debt ‘Very Disturbing,’ Blames ‘Bipartisan Reluctance’ to Tackle Entitlements

Trump Announces Civilian Federal Employees Won’t Receive Pay Raise in 2019, Cites Need for Fiscal Responsibility

President Trump’s Budget Would Reduce Deficit By $160 Billion and Increase GDP Growth

Cuts to health care spending would save economy $1.25 trillion over next decade

CBO: Treasury to Run Out of Cash in Next 3 Months, Leading to Default or Delay of Payments

Treasury may run out earlier if the government spends more money or takes in less revenue

Cotton: Let’s ‘Take Our Responsibilities Seriously’ for Budgeting Cycle

Repeal of Obamacare Could Lead to $1.07 Trillion in Net Deficit Reduction

Replacement plan could reduce deficit by as much as $657 billion over next 10 years

FY 2016 Budget Deficit Larger Than Expected

Now projected to reach $590 billion

CBO: Deficit, Public Debt to Double Over Next 10 Years

Despite rising tax collection, government continues to spend outside its means

Government Collects Record-High Taxes in First 10 Months of FY 2015

Despite collecting $2.6 trillion, government still runs $465B deficit