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President Donald Trump is offering a $4.8 trillion election-year budget plan that recycles previously rejected cuts to domestic programs like food stamps and Medicaid to promise a balanced budget in 15 years — all while boosting the military and leaving Social Security and Medicare benefits untouched.

The U.S. budget deficit widened by 23% to $747.1 billion in the first nine months of the fiscal year, as rising spending eclipsed a small bump in revenue from the Trump administration’s tariffs.

President Donald Trump’s fiscal 2020 budget request proposes increasing funding for federal trucking regulators. Overall, the U.S. Department of Transportation would see a decrease.

President Donald Trump will propose a U.S. budget that wouldn’t balance for 15 years, even assuming stronger economic growth than private forecasters expect and with deep domestic spending cuts that have little chance of passing Congress.

The U.S. trade deficit widened in 2018 to a 10-year high of $621 billion, bucking President Donald Trump’s pledges to reduce it, as tax cuts boosted domestic demand for imports while the strong dollar and retaliatory tariffs weighed on exports.

The U.S. budget deficit grew to $779 billion in Donald Trump’s first full fiscal year as president, the highest since 2012 amid tax cuts and spending increases.

WINDSOR, Colo. — Investing in Colorado's transportation infrastructure, specifically along the Front Range, is necessary to accommodate the high volume of people moving into the area due to the vast economic growth, regional transportation experts say.

New infrastructure projects would be funded through a significant new tax on oil companies, according to President Obama’s fiscal 2017 budget request.

WASHINGTON — The Obama administration’s fiscal 2016 budget plan falls short of resolving the country’s long-term transportation funding crisis, Sen. Susan Collins told Transportation Secretary Anthony Foxx at an appropriations committee hearing.

WASHINGTON — U.S. Secretary of Transportation Anthony Foxx’s fiscal 2016 budget pitch to House Republican funding leaders fell flat after several key lawmakers said they would not support the proposal.