Worries about government deficits ... Fed cut rates near zero. Treasury yields hit rock bottom. The Biden administration kept the spending rolling. The Fed began rapidly hiking interest rates ...

Spending on Social Security, Medicare and interest payments ... past 50 years. The deficits are notably large considering the forecasts for relatively low unemployment rates in coming years ...

Ting Shen/AFP via Getty Images The federal spending deficit is likely to increase ... And amid today’s high interest rates, the debt is increasingly burdensome for the government budget: last ...

U.S. deficit has been growing at an alarming rate in the first three months of fiscal 2025 and could approach $3 trillion for ...