October 16, 2026 · Economy, Trade & Fiscal Policy

Confirmed

Federal Deficit Hits $1.99 Trillion in Fiscal 2026 as National Debt Tops $40 Trillion

The federal deficit for fiscal year 2026, which ended Sept. 30, reached roughly $1.99 trillion, Treasury Department data released Oct. 16 show -- a 12% increase over fiscal 2025 and the third-highest deficit on record...

September 9, 2026 · Political Spectacle & Unusual Conduct

Confirmed

Trump Promises $5,000 Dividend to Every American if Republicans Win Midterms

At the Republican midterm convention in Dallas on September 9, 2026, President Trump promised to issue a $5,000 "dividend" to every adult U.S. citizen if Republicans retain control of the House and Senate in November. "I...

July 4, 2025 · Economy, Trade & Fiscal Policy

Confirmed

One Big Beautiful Bill Pairs Large Tax Cuts with Safety-Net Reductions

Trump signed a major tax-and-spending law, sometimes referred to as the "One Big Beautiful Bill," which extended existing tax cuts, increased immigration-enforcement and defense funding, and reduced projected spending on...