Committee for a Responsible Federal Budget

House Budget Committee Examines 3% Deficit-to-GDP Target

On March 26, 2026, the House Budget Committee held a hearing titled “The Best Metric to Reverse the Curse: A 3% Deficit-to-GDP Path to Fisc ...
Center for Strategic and International Studies

The U.S. Trade Deficit Did Not Shrink—It Moved to Vietnam and Taiwan

Trade within North America is built on deeply integrated supply chains. Mexico and Canada together accounted for $674 billion ...

US Trade Deficit Widened in February by Less Than Forecast

The US trade deficit widened in February by less than forecast as both imports and exports increased. The gap in goods and ...

India's trade deficit shrinks in March as US export surge offsets Mideast hit

By Shivangi Acharya and Manoj Kumar NEW DELHI, April 15 (Reuters) - India's merchandise trade deficit unexpectedly narrowed ...
Washington Examiner

Trump reduces the deficit by 4% with tariffs and his signature tax law

Roughly a third of the revenue boom resulted from Trump’s unprecedented, near-universal tariffs on imports. Yet more than half of the revenue increase came from rising wages and realized capital gains ...

Oil whiplash: Iran war shock to flip market to deficit in 2026, analysts say

By Kavya Balaraman and Anjana Anil April 10 (Reuters) - The sharp hit to global oil production from the Iran war is poised to ...

Carolina Beach faces multimillion dollar budget deficit

Town staff are looking at ways to cut spending and balance the budget over the next month.