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 ...
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 ...
Money Metals Exchange2d
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 ...
Committee for a Responsible Federal Budget2d
A $2 Trillion Cut Compared to $86 Trillion in Spending
As we noted before, this $2 trillion spending cut – $1.7 trillion net of the spending increases – would not be the largest ...
Just The News3d
US deficit sets record with $1.1 trillion in first five months of fiscal year 2025
The new numbers, released Wednesday, showed the deficit between October 2024, and February 2025. The deficit for February ...
Trump’s Tariffs Are Aimed at a Trade Deficit Driven by Popular Goods
Trump wants to reduce the $1.2 trillion trade deficit, so he’s putting tariffs on popular imported goods from smartphones to ...
Taming the federal budget deficit will require tough decisions
The amount of money the government is taking in is outstripped by federal outlays. Fixing this won't be easy, especially in ...
Underpinning Trump’s Tariff-Based Trade Wars Are Misunderstood Trade Deficits
Tariffs are Trump's weapon of choice in on-again, off-again trade wars with Colombia, Canada, Mexico, China, importers of ...
No, DOGE can’t fix the deficit. Here’s why.
Elon Musk and Donald Trump’s Department of Government Efficiency (DOGE) has made some cuts, but these amount to only 1.25 ...
Government deficit rose 4% in Trump’s first full month in office, despite DOGE. UBS says the U.S. is slashing confidence, not spending
While the government did cut its outlays in February, the budget deficit for the month more than doubled compared to January due to a drop in income.
Committee for a Responsible Federal Budget3d
Treasury: $1.1 Trillion Deficit in First Five Months of Fiscal Year 2025
The United States borrowed $1.1 trillion in the first five months of fiscal year 2025, including $307 billion in February, according to the latest ...