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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 · 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.

Green Bay school district faces at least $10M budget deficit in 2026-27. What comes next?

Superintendent Vicki Bayer told the board Monday evening the district likely faces a $10 million to $12 million deficit. What ...

Money Metals Exchange17h

Fiscal 2025 Budget Deficit Tops $1 Trillion

The federal government ran yet another massive budget deficit in February, pushing the total budget shortfall to over $1 ...

The Press Democrat2h

St. Helena exploring how to solve budget deficit

With a budget shortfall between $6 million and $10 million — and no quick fix in sight — St. Helena is struggling to stay ...

1don MSN

Indonesia keeps 2025 budget deficit forecast unchanged despite tax revenues slump

Indonesia's government is maintaining its forecast that the budget deficit will be 2.53% of GDP this year despite a 30% ...

19hon MSN

Overtime spending in city agencies killed Baltimore’s $53.8 million budget ‘windfall’; city preparing for deficit

Excessive overtime spending in city agencies all but erased Baltimore’s fiscal year 2024 surplus, and now the city is ...

Green Bay school district faces budget deficit of up to $12M

According to Robert F. Kennedy Jr., the vaccine is as bad as the disease itself. A Navy veteran and his wife said they were ...

Alaska Public Media3h

New Alaska revenue forecast worsens state's big projected budget deficits

There's a $200 million deficit in the current fiscal year, and a much bigger one under most scenarios for the next year.

1hon MSN

Poway Unified votes to eliminate 100 positions to help close budget deficit

The Poway Unified School District is considering eliminating up to 100 positions to help close a $13 million budget deficit over the next two school years.

Department cuts, higher telecom tax: What's in Prince George's budget proposal

Prince George’s County faces a massive budget deficit that’s only expected to increase in the coming years. Acting County ...

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

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