As we noted before, this $2 trillion spending cut – $1.7 trillion net of the spending increases – would not be the largest ...

A trade balance is not a complicated concept; it’s simply the difference between what a nation exports—both goods and ...

The U.S. imported $1.2 trillion more in goods in 2024 than it exported, a record annual deficit and a major economic irritant for President Trump. On Feb. 13, the president announced that his ...

As deficit spending grows so does the interest on the debt the U.S. must pay annually. In 2023 the amount of annual interest paid on the federal debt was $879 billion, surpassing the amount spent ...