U.S. Federal Budget - Search News

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

Fox Business on MSN · 3d

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 · 4d

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.

The Seattle Times · 2d

Taming the federal budget deficit will require tough decisions

The amount of money the government is taking in is outstripped by federal outlays. Fixing this won't be easy, especially in this political environment, Jon Talton writes.

Honolulu Star-Advertiser · 4d

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.

GOBankingRates on MSN2d

Here’s How the U.S. Spends the Federal Budget — And How DOGE Aims To Cut Costs

Like households, the federal government must live within the confines of a budget. However, those confines are much, much ...

House passes Arrington's Trump-endorsed federal budget resolution, awaits Senate approval

U.S. Rep. Jodey Arrington's federal budget, already endorsed by President Donald Trump, has moved on to the Senate ...

5h

Elon Musk's DOGE is overhauling the federal government, cutting spending, and drawing backlash. Here's what to know.

DOGE is Elon Musk's ambitious effort to reform the federal government. Here's how the Department of Government Efficiency is ...

2d

Federal Budget Ax Threatens Contractors, but Could Also Be an Opportunity

By cutting federal employees, the Trump administration may increase its reliance on firms that take in billions through ...

10don MSN

Why US federal agency spending has outpaced inflation — despite headcounts dropping billions fly out the door

Washington is spending more of your money than ever — far above the rate of price increases over the past quarter-century.

1d

Senate Republicans’ budget bill rules out federal earmarks for state projects

While Sens. Susan Collins and Angus King voted for the spending measure to avoid a shutdown, it eliminates millions of ...

2d

From Airports to Mentorship Programs, Local Funding Disappears in Budget Fight

The stopgap measure the G.O.P. is pushing to avert a government shutdown omits billions of dollars in member-requested ...

2don MSN

Hundreds of federal offices across the US could begin closing this summer at DOGE’s behest

While there was already a bipartisan push to reduce the government’s real estate footprint, the mass cancellations blindsided ...

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