Since President Joe Biden took office office early last year, America's long-term budget deficit has grown by $2.4 trillion.. But that fact seems to get obscured in coverage—even skeptical ...

This year’s projected budget deficit of $1.9 trillion is already likely to reach more than 6% of economic output, a threshold crossed previously only during World War II, the 2008-09 financial ...

Rob Bluey is president and executive editor of The Daily Signal. Send an email to Rob. Over the past 50 years, 10 U.S. presidents have made annual budget requests to Congress, projecting deficits ...

President Obama's budget will likely produce $13 trillion indeficit spending over the next 10 years--nearly $4 trillion ... (See Chart 1); Annual budget deficits rising to nearly $2 trillion by ...

When President Obama took office in 2009 at the height of the recession, the annual budget deficit came in at 10.1 percent of gross domestic product -- a level not seen since the end of World War II.

President Bush's proposed new round of tax cuts and the rest of his budget would produce unabated federal deficits over the coming decade totaling a massive $1.82 trillion, the nonpartisan ...

President Trump’s fiscal 2021 budget is built on unrealistic economic forecasts and budget cuts. Three charts shatter his gaslighting “promises made, promises kept” statements.

Instead of futilely focusing on the budget, President Reagan pushed policies to achieve long-term economic growth, and Chart 7 shows that these policies allowed tax revenues to hold steady instead ...

Last week I mentioned the Center for Budget and Policy Priorities Chart that analyzed the sources of the federal budget deficit. For old time's sake, a thumbnail of that chart is at right. The ...

The White House released the President’s $4.4 trillion budget request for fiscal 2019 on Monday, and talk about an afterthought. Congress just passed a two-year budget outline that supersedes ...

The deficit as a share of GDP peaked around 4.4% after the 1991 recession before falling to 3.7% by the end of 1993. The 10-year Treasury yield fell nearly 2.5 percentage points to around 6.4% at ...