Federal Budget Military Spending

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.

Senate Democrats oppose spending bill

FOX 10 Phoenix · 3d

Here's what's in the GOP budget bill that would keep government funded through September

Republicans released a detailed spending bill ahead of a deadline to avoid a partial government shutdown on March 14.

The Associated Press on MSN · 2d

House passes bill to fund federal agencies through September, though prospects unclear in Senate

Republicans will face a critical test of their unity when a spending bill that would avoid a partial government shutdown and keep federal agencies funded through September comes up for a vote

USA TODAY on MSN · 21h

Senate Democrats oppose spending bill as possible government shutdown nears. What to know

Several Senate Democrats have said they will not vote in favor of the current spending bill, raising the chances of a possible government shutdown.

Federal, agencies

Reuters · 16h

US agencies face Thursday deadline to submit mass layoff plans

The potential scale of President Donald Trump's efforts to shrink the U.S. federal government could become clearer on Thursday, the deadline for government agencies to submit plans for a second wave of mass layoffs and to slash their budgets.

USA TODAY on MSN · 17h

Federal agencies owe Trump their layoffs plans today. How quickly will cuts come?

Thursday is the deadline for federal agencies to provide their plans for mass federal employee layoffs to President Donald Trump.

Newsweek on MSN · 1d

Federal Government Layoffs Tracker 2025: Latest DOGE Cuts So Far

The U.S. federal government is facing mass layoffs in 2025, driven by DOGE and impacting multiple agencies. Check back daily for regular updates.

Defense News on MSN3d

Stopgap budget bill includes extra funds for military, VA programs

The six-month budget bill must be approved by lawmakers before Friday night to avoid a partial government shutdown.

What Does a Shutdown Have to Do With the Budget or Elon Musk? Here’s a Guide.

By design, budget reconciliation mostly addresses the parts of federal spending that are not part of the appropriations ...

Reason2d

Congress and DOGE Can Find Spending Cuts at the Department of Defense

What's interesting is that the planned 8 percent cut is very close to the 7 percent increase in defense ... found in federal spending just since 2015. Readopting the 2015 budget, adjusted for ...

10d

Education Spending In The Crosshairs Of Federal Budget Reconciliation

Recent developments in Washington regarding budget reconciliation indicate potential significant impacts on education ...

11d

Trump and Reagan both promised to reduce the size of the federal bureaucracy. Only one had a plan.

More than four decades apart, the two Republicans campaigned on similar anti-big government themes. Once in office, they ...

8don MSN

5 things to know about federal workers and contractors who keep replacing them

As President Donald Trump seeks to fire federal employees, here's a look at how employees and contractors make up the government.

2don MSN

California Republicans vote yes, Democrats vote no on House budget to avoid a shutdown

The House narrowly passed the budget, 217 to 213, sending it to the Senate. The measure keeps the government funded through ...

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