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U.S. budget deficit soars past $1.1T

Federal budget deficit hits record $1.1T in first 5 months of fiscal year

New data from the Treasury Department shows the federal deficit is $318 billion larger in the first five months of fiscal year 2025 compared with the last fiscal year.

Reuters on MSN · 3d

US October-February budget deficit hits record $1.147 trillion

The U.S. budget deficit for the first five months of fiscal 2025 hit a record $1.147 trillion, the Treasury Department said on Wednesday, including a $307 billion February deficit for President Donald Trump's first full month in office that was up 4% from a year earlier.

Honolulu Star-Advertiser · 3d

U.S. budget deficit soars past $1.1T as spending outpaces revenue

WASHINGTON >> The U.S. budget deficit for the first five months of fiscal 2025 hit a record $1.147 trillion, the Treasury Department said today, including a $307 billion February deficit for President Donald Trump’s first full month in office that was up 4% from a year earlier.

What Does a Shutdown Have to Do With the Budget or Elon Musk? Here’s a Guide.

By design, budget reconciliation mostly addresses the parts of federal spending that are not part of the appropriations ...

6dOpinion

Balance the budget? Trump’s numbers don’t add up

Trump’s actual policy is to take the federal budget as far away from balance as any president with a tiny congressional ...

Kansas City Star10d

Trump’s balanced budget pledge to Congress is fantasy. Tax cuts will mean huge deficit | Opinion

Cost: $100,000,000,000. That adds up to $7.596 trillion. The Committee for a Responsible Federal Budget figures Trump’s tax cuts, tariff increases, tax changes and other policy measures as ...

Inter Press Service6d

A Cash Crisis Forces UN to Re-Figure its Budget and Freeze Staff Hiring

The regular budget for 2025 is $3.72 billion – around $120 million more than the $3.6 billion figure unveiled by Secretary-General António Guterres in October 2024 – and $130 million greater than ...

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