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US Oct.-February budget deficit hits record $1.147 trillion

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 · 1d

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.

Fast Company · 2d

U.S. budget deficit for Trump’s first full month in office hits $307 billion

The deficit for the first five months of fiscal 2025 came to $1.147 trillion, up 38%, or $318 billion, from a year earlier.

Honolulu Star-Advertiser · 1d

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.

Barron's on MSN · 2d

U.S. Deficit Hits a Record $1.15 Trillion Over 5 Months

Data disclosed by the Treasury Department showed an adjusted gap between federal spending and revenue of $1.063 trillion for October through February.

Committee for a Responsible Federal Budget4d

House Spending Cuts Would Not Be Largest in History

The House recently adopted its Fiscal Year (FY) 2025 budget resolution, which includes reconciliation instructions allowing a net ...

17d

With chaos in Washington and a structural deficit, Gov. Phil Murphy unveils $58.1B budget

Gov. Phil Murphy delivered his eighth and final budget address Tuesday. The $58.1 billion spending plan will include a ...

16d

House Passes Budget Bill: Trump Touts ‘Big First Step’ For Mike Johnson

9:06 a.m. EST, Feb. 26 Trump said the bill’s passage is a “Big First Step Win for Speaker Mike Johnson, and AMERICA” in a ...

28d

House GOP panel passes budget blueprint with $4.5 trillion in tax cuts and steep spending reductions

The Republican-led Budget Committee approved a sweeping proposal to unlock Trump's agenda, sending it to the full House.

The U.S. National Debt: Historical Data and What It Means for Consumers

Between Congress working on the budget and discussing changes to the tax code and job cuts taking place across the federal government by the Department of Government Efficiency ...

Hosted on MSN1mon

Economic Survey set to be presented Friday afternoon, setting tone for Budget 2025; check its importance and history

New Delhi [India], January 30 (ANI): The wait for the Budget 2025 is over as the Narendra Modi-led NDA government is set to table the Economic Survey in the Parliament on Friday afternoon.

16d

House narrowly adopts budget plan to advance Trump's agenda in a win for Speaker Johnson

The party-line vote came after a dramatic day of arm-twisting in the House, with all but one Republican ultimately backing the budget resolution.

The Hill17d

Democrats warn of ‘largest Medicaid cut in American history’

House Democrats are ramping up their attacks on the GOP’s budget plan, warning that the massive spending blueprint would translate into the steepest Medicaid cut in the program’s history.

The Daily Herald on MSN4d

Columbia council to approve $4 million in street paving, largest in city history

Columbia City Council will vote on a $4 million street paving budget, the largest investment for paving in city history.

WDIO23d

Evers proposes ‘most pro-kid budget’ in Wisconsin history

On February 18, Wisconsin Governor Tony Evers (D) delivered his fourth biennial budget proposal to lawmakers in Madison. Weeks before in his state of the state address, he deemed 2025 “the year ...

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