The federal budget deficit has fallen to $486 billion, its lowest level since President Obama took office at the start of 2009, according to the Congressional Budget Office.
That mark was $195 billion less than the deficit Washington ran in the 2013 fiscal year. And at 2.8 percent of the national GDP, it was actually a little lower than the historical average from the past four decades. A nine percent increase in revenue combined with a one percent reduction in spending led to to the smaller deficit, per the CBO.
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Kristi Noem might not be long for TrumplandIN THE SPOTLIGHT The Homeland Security secretary has been one of the most visible and vocal architects of Trump’s anti-immigration efforts, even as her own star risks fading
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Senate votes down ACA subsidies, GOP alternative
Speed Read The Senate rejected the extension of Affordable Care Act tax credits, guaranteeing a steep rise in health care costs for millions of Americans
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Abrego García freed from jail on judge’s order
Speed Read The wrongfully deported man has been released from an ICE detention center
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Indiana Senate rejects Trump’s gerrymander pushSpeed Read The proposed gerrymander would have likely flipped the state’s two Democratic-held US House seats
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Democrat files to impeach RFK Jr.Speed Read Rep. Haley Stevens filed articles of impeachment against Health and Human Services Secretary Robert F. Kennedy Jr.
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$1M ‘Trump Gold Card’ goes live amid travel rule furorSpeed Read The new gold card visa offers an expedited path to citizenship in exchange for $1 million
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US seizes oil tanker off VenezuelaSpeed Read The seizure was a significant escalation in the pressure campaign against Venezuelan President Nicolás Maduro
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Judge orders release of Ghislaine Maxwell recordsSpeed Read The grand jury records from the 2019 prosecution of convicted sex offender Jeffrey Epstein will be made public
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Miami elects first Democratic mayor in 28 yearsSpeed Read Eileen Higgins, Miami’s first woman mayor, focused on affordability and Trump’s immigration crackdown in her campaign
