The Western Journal on MSN

Trump boom continues as GDP shoots up, trade deficit plummets to lowest level since 2009

The Trump economic boom appears to be well underway, based on new figures released Thursday. The Federal Reserve Bank of ...
Committee for a Responsible Federal Budget

Lawmakers Introduce a Bipartisan Resolution in Support of a 3% Deficit-to-GDP Target

The resolution expresses the sense of the House of Representatives that the United States should reduce and maintain the federal unified budget deficit at or below 3% of GDP while acknowledging that ...

US economy set to boom in Q4 as Trump's tariffs push trade deficit to 16-year lows

The U.S. economy may be on track to post an exceptionally strong expansion in the fourth quarter of 2025, helped in large ...
National Bureau of Economic Research

Projecting Federal Deficits and Debt

In Then and Now: A Look Back and Ahead at the Federal Budget (NBER Working Paper 34455), Alan J. Auerbach and William Gale develop fiscal projections that incorporate the recently enacted One Big ...

U.S. Trade Deficit Fell to Lowest Level Since 2009 as Tariffs Reshape Trade

The monthly trade deficit continued to shrink in October after President Trump imposed sweeping tariffs on imports, the latest data showed.

Govt to stick to 4.4% fiscal deficit aim in FY26 but will need to 'manage' expenditure

Economists say Centre will have to cut down on revenue and capital expenditure to achieve 4.4% of fiscal deficit target, as ...

What Drove the Sharp Drop in the U.S. Trade Deficit? Gold

The U.S. trade deficit plunged in October largely due to gold exports and lower pharmaceutical imports, suggesting a headline improvement that may not meaningfully boost GDP.