Trump Claims the Trade Deficit Disappeared. Here’s the Latest Commerce Data
President Trump has claimed that the U.S. trade deficit has "disappeared," citing recent monthly improvements and comparing favorable data points to past...
Category Deficit
Trump Promises to Reduce the Deficit by Half. Here’s the Required Spending Cuts
Cutting the federal deficit in half would require eliminating approximately $700 billion to $850 billion in annual spending, depending on the current...
Fact Check: Trump Claims He Cut Deficit by 27%…Actual Figure Is 2.3%
President Trump's claim that he cut the federal budget deficit by "a staggering 27 percent in a single year" is flat-out wrong.
Fact Check: Trump Claims He Cut Deficit by 27%…Real Number Is 2.3%
President Trump's claim that he cut the federal budget deficit by "a staggering 27% in a single year" is, to put it plainly, not accurate by any standard...
Trump Claimed Trade Deficit Fell 78%…Data Shows 0.2%…Tariffs Cost $1,300 to $2,100 Annually
President Trump claimed on Truth Social that "THE UNITED STATES TRADE DEFICIT HAS BEEN REDUCED BY 78% BECAUSE OF THE TARIFFS.