U.S. Deficit Hits a Record $1.15 Trillion Dollars
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.
President Donald Trump and his allies are already crafting a plan to make good on their promise to cut federal spending this ...
Elon Musk on Monday highlighted the cost of federal spending on entitlement programs, the latest sign of the tech billionaire and presidential adviser’s focus to downsize the federal government amid ...
Washington is spending more of your money than ever — far above the rate of price increases over the past quarter-century.
America's spending reality is terrifying. If the most draconian cuts we can imagine don’t materially move the needle, we’re ...
Now suddenly the term is everywhere and a rhetorical riot is underway. If we could peel away the naked partisanship that ...
By cutting federal employees, the Trump administration may increase its reliance on firms that take in billions through ...
The United States will not enter a recession due to the change of administration, but because of the excess spending policies ...
1don MSN
Concerns about the nation’s economy have grown in the first months of President Donald Trump’s return to office, according to ...
Massachusetts budget observers and key lawmakers are cautioning against panic and rash decisions amid threats to federal ...
Uncertainty means SNAP recipients should prepare for potential changes this year if lawmakers decide to reduce federal ...
DOGE says it's saved the federal government $115 billion. However, the team's claims have consistently included inaccuracies ...
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