U.S. budget deficit soars past $1.1T
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.
The federal government ran yet another massive budget deficit in February, pushing the total budget shortfall to over $1 ...
A state panel said it expects Iowa to take in $8.51 billion in the upcoming fiscal year. That's $400 million less than Iowa is spending this year.
The District of Columbia could face a $1 billion budget shortfall after House Republicans introduced a continuing resolution ...
The full-year CR is roughly equivalent to FY 2024 funding with a few anomalies, including the removal of all Congressionally Directed Spending (“earmarks”) and other smaller shifts in funding between ...
The Georgia House of Representatives' $37.7 billion fiscal year 2026 budget approved by the Appropriations Committee on ...
Speaker Heastie’s NY 2025-26 budget proposal includes: Issuing of inflation refund checks. Officials said single earners with ...
There's a $200 million deficit in the current fiscal year, and a much bigger one under most scenarios for the next year.
The addition would help grow the force that has shrunk since the early 2000s, according to Stamford Mayor Caroline Simmons.
Tanzania plans to increase overall spending by 13.4% in the fiscal year from July, according to a draft budget that focuses ...
Liberty Hill ISD is cutting over 70 positions and reducing budgets to address a multimillion-dollar shortfall.
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 ...
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