U.S. Deficit Hits a Record $1.15 Trillion Dollars

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 this political environment, Jon Talton writes.
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.
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 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.
49ers with largest free agent spending deficit in NFL history; what it means and what's next?
The 49ers lost a large contingent of household names that helped them dominate the NFC for the last five-plus years, ...
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 ...
Indonesia keeps 2025 budget deficit forecast unchanged despite tax revenues slump
Indonesia's government is maintaining its forecast that the budget deficit will be 2.53% of GDP this year despite a 30% ...
Money Metals Exchange1d
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 ...
The Relationship Deficit: Why Successful Leaders Are Failing At What Matters Most
The path to success isn't about choosing between achievement and relationships—it's about designing a life that honors both.
Green Bay school district faces at least $10M budget deficit in 2026-27. What comes next?
Superintendent Vicki Bayer told the board Monday evening the district likely faces a $10 million to $12 million deficit. What ...
The Press Democrat13h
St. Helena exploring how to solve budget deficit
With a budget shortfall between $6 million and $10 million — and no quick fix in sight — St. Helena is struggling to stay ...
Redding faces backlash over proposed cuts to police and fire departments to fix deficit
The City of Redding is grappling with a $5 million budget deficit, prompting city administrators to propose cuts to the ...
DOGE Gives the Deficit Hawks Cover as the Debt Keeps Rising
But the effect of the agreement is to continue federal spending at the same exaggerated level that has recently prompted ...