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.
Philadelphia Mayor Cherelle Parker presents her 2026 budget
The federal government ran yet another massive budget deficit in February, pushing the total budget shortfall to over $1 ...
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 ...
Excessive overtime spending in city agencies all but erased Baltimore’s fiscal year 2024 surplus, and now the city is ...
The District of Columbia could face a $1 billion budget shortfall after House Republicans introduced a continuing resolution ...
Congress is poised to pass a President Trump-endorsed funding bill this week that D.C. officials warn would lead to a $1 ...
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.
Tanzania plans to increase overall spending by 13.4% in the fiscal year from July, according to a draft budget that focuses ...
The addition would help grow the force that has shrunk since the early 2000s, according to Stamford Mayor Caroline Simmons.
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"Budget around Rs 4.20 lakh cr for fiscal year 2025-26": MP CM Mohan Yadav ahead of budget presentation in assemblyAhead of presentation of the Madhya Pradesh budget for financial year 2025-26, Chief Minister Mohan Yadav said in the ...
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