Donald Trump canceled nearly $1 billion in congressionally approved spending targeting immigrant services and diversity-related programs using a rare rescission authority.The Baseline automated desk · Oct 1, 2026
Investment announcements and tariff collections are both up, but neither is money that could pay for the dividend. Private investment does not go to the Treasury, actual new foreign investment in 2025 was $232.2 billion, and the revenue officials have named would cover only a fraction of the dividend's cost of more than $1.2 trillion.CRFB, FactCheck.org, BEA, NBC News · Sep 13, 2026
On a fiscal-year basis the deficit fell about 2.3%, from $1.82 trillion in FY2024 to $1.78 trillion in FY2025 - not 27%. The larger number comes from comparing a cherry-picked window of calendar months, and CBO projects FY2026 will end higher than FY2025.FactCheck.org, CBO, U.S. Treasury · Feb 19, 2026