The Trump administration's tariff experiment is finally producing numbers big enough to match the rhetoric. The headline ...

Janet Yellen told Newsweek that exempting U.S. firms from new global taxation rules had sacrificed "significant tax revenue.” ...

President Donald Trump has repeatedly framed his sweeping tariffs as a kind of magic bullet for America's finances, promising they would shrink the trade gap and help wipe out Washington's red ink.

The gap between the value of imported and exported goods and services contracted 39% from the prior month to $29.4 billion, ...

When Donald Trump ran for president in 2016, he promised to pay down the national debt within eight years. Instead, the debt ...

Since Donald Trump returned to the White House in January, the federal deficit has declined by $516 billion on a trailing-12-month basis. Spending is basically flat, but revenue is up a remarkable 8.5 ...

Trump promotes reduced trade deficit and tariff revenue as economic successes. Some economists argue that these indicators do not reflect overall US economic health or growth. Economists told Business ...

The U.S. government spent $173 billion more than it collected in revenues in November. But as bad as that sounds and is, it is nevertheless better than the $193 billion deficit posted in October and ...

Since President Donald Trump's 'Liberation Day' tariffs pushed the U.S. bond market into revolt in April, his administration ...

The Department of Government Efficiency effort was one of the most consequential and controversial — if not entirely successful — changes the Trump administration made in 2025.