Trump administration on track to narrow deficit, Treasury analysis finds
Projection clashes with IMF estimates that rule out US making progress in lowering deficit
Projection clashes with IMF estimates that rule out US making progress in lowering deficit

Fund’s forecasts suggest the country’s debt-to-GDP ratio will be at a record high by the end of the decade

Congressional watchdog warns that Washington’s public finances are ‘not sustainable’

Fund says fall of US currency has helped lessen effect of Donald Trump’s tariffs

International investors’ stockpiles of US government debt fell slightly in April

Estimates by president’s Council of Economic Advisers come as Republicans make final push to pass legislation

Fund upgrades outlook for global growth but warns latest trade tensions between Washington and Beijing are a concern