Photo of Senate Majority Leader Mitch McConnell

Treasury Proposal: Deliver $500B to Americans Starting April

WASHINGTON — The Treasury Department said Wednesday it wants to start issuing direct payments to Americans by early next month as the centerpiece of a $1 trillion plan to stabilize the economy as the coronavirus epidemic threatens a body slam to taxpayers and ...
Photo of U.S. Capitol building

US Budget Deficit Running 11.8% Higher This Year

The U.S. budget deficit through the first three months of this budget year is up 11.8% from the same period a year ago, putting the country on track to record its first $1 trillion deficit in eight years. In i...
Photo of US Treasury Department

Can You Believe It? National Debt Now $22 Trillion.

WASHINGTON — The national debt has passed a milestone, topping $22 trillion for the first time. The Treasury Department's daily statement showed Tuesday that total outstanding public debt stands at $22.01 trillion. It stood at $19.95 trillion when President...