The U.S. budget deficit has grown to more than $1.3 trillion in the first half of the fiscal year. The Treasury Department ...

That is, the US economy is growing too fast for our own good. Having said this, there is no reason to believe that large trade deficits are inherently bad for the economy, which is what the current ...

The U.S. budget deficit has grown to more than $1.3 trillion in the first half of the 2025 fiscal year — the second highest six-month deficit on record, according to Treasury Department data ...