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

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.

Fox Business on MSN · 22h

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.

Fast Company · 1d

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 · 1d

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.

5hon MSN

When is senate voting on 2025 budget? What would governement shutdown mean? Latest news, updates

Will a 2025 government shutdown happen in March? What would a US federal govenment shutdown mean? How is Kentucky impacted?

1hon MSN

An ‘unapologetic’ Mayor Parker proposes $872M police budget with money for forensics, tech upgrades, and recruiting

Mayor Cherelle L. Parker framed the proposal to keep funding level as a second down payment on her plan to improve public ...

2d

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 ...

19hon MSN

Mass. budget observers warn against ‘preemptive panic’ amid federal funding threats

Massachusetts budget observers and key lawmakers are cautioning against panic and rash decisions amid threats to federal ...

12hon MSN

Japan PM apologises for giving out gifts, clouding budget prospects

Japanese Prime Minister Shigeru Ishiba apologised on Friday for giving gift certificates to some ruling party lawmakers, a ...

10h

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 ...

19hon MSN

NYC public schools boss says mammoth $41.2B budget ask still isn’t enough — wants ‘hundreds of millions’ more

The Department of Education’s mammoth $41.2 billion budget plan for next year is a whopping third of the entire city’s — but ...

11hon MSN

Philadelphia Mayor Cherelle Parker pitches her $6.7 billion budget plan as Trump’s ‘grave’ threat to cut aid to cities looms

Mayor Cherelle L. Parker’s second budget address to Philadelphia City Council sounded in many ways like an ordinary mayoral ...

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