U.S. Federal Budget - Search News

U.S. budget deficit soars past $1.1T

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.

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.

Johns Hopkins, More Than and Federal Aid

The New York Times · 8h

Johns Hopkins to Cut More Than 2,000 Workers Funded by Federal Aid

The university, a leader in scientific research, has been hard hit by the Trump administration’s cuts, which will slash at least $800 million from its budget.

The Washington Post on MSN · 9h

Johns Hopkins University to slash 2,000 jobs after $800M in federal cuts

Johns Hopkins University said it is laying off more than 2,000 workers across the globe after the Trump administration cut $800 million in federal grants.

The Wall Street Journal on MSN · 10h

Johns Hopkins Slashes More Than 2,000 Jobs Due to USAID Cuts

The cuts at the university’s global health affiliate, medical school and public-health school follow loss of $800 million in USAID grants.

USA Today9d

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 ...

6hon MSN

Federal worker layoffs reach 250,000 as large-scale layoffs and budget cut deadline looms

The job cuts so far have trickled out from both official and unofficial sources, and been marked by missteps including ...

9hon MSN

What happens to Social Security, TSA and other programs if the federal government shuts down?

Hundreds of thousands of federal workers are on edge as the Senate struggles to reach a deal ahead of Friday night's looming ...

7don 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.

8hon 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 ...

New Scientist on MSN12h

NASA may have to cancel major space missions due to budget cuts

Potential cuts of up to 50 per cent of NASA's science budget could mean cancelling missions including the Hubble Space Telescope and the Voyager probes ...

2don MSN

South African rand gains amid US recession fears ahead of local budget

South Africa's rand edged higher on Tuesday against a weaker dollar amid global and domestic economic uncertainty and as ...

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