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federal deficit

Treasury Building in Washington, D.C. The trend toward rising red ink was widely anticipated, given the GOP tax cuts and other government policies, including the president's demand for beefed-up military spending. Chip Somodevilla/Getty Images hide caption

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Chip Somodevilla/Getty Images

The government is acting like a spendthrift family, piling up credit card bills even though times are good. Elise Amendola/AP hide caption

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Elise Amendola/AP

Despite Strong Economy, Federal Deficit Soars

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Traders work on the floor at the closing bell of the Dow Industrial Average at the New York Stock Exchange on July 26, 2018 in New York. Bryan R. Smith/AFP/Getty Images hide caption

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Bryan R. Smith/AFP/Getty Images

Trump Administration Eyes Capital Gains Tax Cut

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Inside the Capitol, lawmakers are battling over health care and the budget. Outside, many government services may come to a stop at midnight. Win McNamee/Getty Images hide caption

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Win McNamee/Getty Images

From 'Morning Edition': NPR's Ailsa Chang on what's expected to happen Monday

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The House of Representatives (Jan. 3 file photo). Kevin Lamarque /Reuters /Landov hide caption

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Kevin Lamarque /Reuters /Landov

House Speaker John Boehner, seen last week, discusses the looming fiscal cliff. Brendan Hoffman/Getty Images hide caption

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Rep. Paul Ryan, R-Wis., at NPR headquarters in May 2011. Erin Schwartz/NPR hide caption

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Erin Schwartz/NPR

Tamara Keith on 'Morning Edition'

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NPR's Tamara Keith on 'Morning Edition'

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