federal budget deficit

Pelosi calls reporter's question ‘really disgusting'

House Speaker Nancy Pelosi said on Thursday that "civilization as we know it today is at stake" in the 2020 presidential election, saying that she does not want to "contemplate" the possibility that President Donald Trump could be elected to serve as second term in office.

The US deficit topped $1 trillion

The US budget deficit widened to $1.067 trillion for the first 11 months of the fiscal year, an increase of 19% over this time last year, the Treasury Department reported Thursday.

Senate passes massive budget deal

The Senate passed Thursday a massive budget deal that would stave off the looming threat of a potential default on US debt and prevent automatic spending cuts to domestic and military funding.