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

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.
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.
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.
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Big worry for Trump: U.S. budget deficit explodes in February, surpassing $1 trillion in record-breaking year-to-date surge, raising concerns over unprecedented fiscal challenges
The US budget deficit surpassed $1 trillion in just five months, with February's deficit reaching $307 billion. Government spending continues to exceed revenue, with a $1.15 trillion deficit for the ...