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.
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.
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.
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.
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.
Trump and Musk ignore the real solution to big budget deficits
Here’s an assignment for the conservative politicians and activists who keep telling us that President Trump and his sidekick ...
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 Exchange1d
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 Democrat10h
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 ...
The Brown Daily Herald11h
RIPTA efficiency study lags behind schedule amid looming $32.6 million budget deficit
Last May, the Rhode Island legislature gave the Rhode Island Public Transit Authority an additional $15 million from the ...
Alaska Public Media11h
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.
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 ...
Times-News2h
Frostburg prepares for potential impacts of state budget deficit
Frostburg officials are bracing for the impacts of Maryland’s nearly $3 billion state budget deficit as they begin preparing ...
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 ...