By David Lawder WASHINGTON, June 10 (Reuters) - The U.S. budget deficit for May fell $23 billion or 7% to $293 billion due ...

The U.S. national debt is the total of what the federal government owes creditors. The U.S. has always carried debt, but the total has expanded rapidly since 2008.

The U.S. is projected to run a budget deficit of at least $2 trillion in fiscal year 2026, according to Treasury Department and bond market estimates.

One of the biggest challenges confronting the Federal Reserve is to ensure that large federal budget imbalances do not place undue pressure on it to keep interest rates artificially low and thereby ...

The US budget deficit remained virtually stable during the first three months of 2026, as increased revenue — primarily from income taxes and customs duties — offset an acceleration in spending.