federal deficit News

Trump's Megabill Sparks Debate: $3.4T Deficit Surge and Health Coverage Cuts Loom

The CBO reports Trump's megabill will increase the federal deficit by $3.4 trillion and reduce health coverage for 10 million Americans, with tax cuts and Medicaid reductions being...

Janet Yellen Suggests COVID-19 Stimulus May Have Slightly Fueled Inflation

Treasury Secretary Janet Yellen discusses the potential impact of COVID-19 stimulus measures on inflation, emphasizing the pandemic's role as the main driver. She also comments on ...