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

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.
U.S. budget deficit surged in February, passing $1 trillion for year-to-date record
The U.S. debt and deficit problem worsened during President Donald Trump's first month in office, as the budget shortfall for February passed the $1 trillion mark even though the fiscal year is not yet at the halfway point.
US budget deficit for Trump's first full month in office reaches $307 billion
The U.S. budget deficit totaled $307 billion for President Donald Trump's first full month in office, up 4%, or $11 billion, from a year ago, the Treasury Department said on Wednesday, even as growth in receipts outpaced that of spending.
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.
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.
Medscape3h
Medicare Pay Cut Stands as Congress Advances Budget Bill to Avoid US Government Shutdown
Lawmakers have ignored calls from their own advisers as well as physician groups to boost pay for clinicians amid rising ...
D.C. Appears Likely to Avoid a $1.1 Billion Budget Cut
The Senate approved a separate bill that allows D.C. to continue operating under its current budget, which seemed on track to ...
CCN on MSN6h
Finding Funds for a 'Budget Neutral' US Bitcoin Strategic Reserve
The U.S. government currently holds 198,109 BTC worth over $16 billion. A comprehensive audit of the government's federal ...
Budget uproar offers DC an uneasy reminder of Congress’ power
Advocates are seizing the moment to call for change, urging Congress not to “get back in the city management business” before ...
WJAC-TV on MSN14h
Some Raystown Lake campsites close amid staffing woes; tourism blames federal budget cuts
Several campgrounds at Raystown Lake will remain closed this summer.Officially, the federal agency in charge of the lake says ...
We speak openly with our 12-year-old about our family budget. He knows how much we make and helps us manage expenses.
Sharing our family budget, including how much we make and our monthly expenses, has helped my 12-year old become financially ...
Nebraska lawmakers mull using cash reserves to address budget shortfall
As Nebraska lawmakers work to balance the state’s budget, some are considering dipping into cash reserves while others push ...
Will Trump’s budget cuts slash Medicaid coverage for Utahns? Rep. Kennedy, a physician, says no.
“Without consultation and proper planning, congressionally proposed reductions to Medicaid would impact state budgets, rural hospitals and health care service providers,” National Governors ...