Budget Deficit

Boehner: Budget Deficit Will Become ‘Major Issue’ Over the Next Year

Former House Speaker John Boehner (R-OH) predicted on Fox Business Network’s “Mornings with Maria”  that the mounting budget deficit will become a “major issue” over the next year. Boehner pointed out how the $22 trillion debt is “approaching” going up $1

Former Speaker John Boehner

Federal Budget Deficit Rises 17 Percent

Spending jumped higher in 2018, so the budget deficit is higher despite a rise in tax revenue. There are no signs that this poses a risk to the Trump boom.

WASHINGTON - SEPTEMBER 19: A statue of the first United States Secretary of the Treasury Alexander Hamilton stands in front of the U.S. Treasury September 19, 2008 in Washington, DC. Treasury Secretary Henry Paulson announced that the Treasury will insure money market mutual funds as one part of a massive …

Jerry Brown: California Faces First Deficit Since 2012

Gov. Jerry Brown warned this week that despite record economic growth, California’s $122.8 billion budget will suffer its first deficit since 2012 due to spending growing twice as fast as the economy.

AP Photo/Rich Pedroncelli

Obama Administration: Budget Deficit Increases to $587B

WASHINGTON–The government ran a $587 billion budget deficit for the just-completed fiscal year, a 34 percent spike over last year after significant improvement from the record deficits of President Barack Obama’s first years in office.

Obama