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

The U.S. federal spending hit a record-breaking $603.4 billion in February, despite the efficiency drive led by Tesla (NASDAQ ...
The U.S. imported $1.2 trillion more in goods in 2024 than it exported, a record annual deficit and a major economic irritant for President Trump. On Feb. 13, the president announced that his ...
Peterson Foundation. Our federal government is spending considerably more each year than it brings in. As deficit spending grows so does the interest on the debt the U.S. must pay annually.
While the government did cut its outlays in February, the budget deficit for the month more than doubled compared to January ...