The CRFB is almost certainly correct. The U.S. Department of the Treasury, using figures through the end of August, put the 2026 federal deficit at $1.965 trillion. It's a fair bet that another month ...

In Focus delivers deeper coverage of the political, cultural, and ideological issues shaping America. Published daily by senior writers and experts, these in-depth pieces go beyond the headlines to ...

(ThyBlackMan.com) Is the federal government’s history of enormous deficits proof that it can keep up the borrowing? Some people think so, and legislators sure act that way. Federal debt held by the ...

The relative indifference to the news that the U.S. government now owes $40 trillion demonstrates how drastically the politics of deficit spending has changed. By Peter Baker Peter Baker is the chief ...

The federal government brought in $334 billion in the month of July, with most of that coming directly out of workers’ paychecks. That same federal government spent $766 billion in July, with most of ...