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.
By design, budget reconciliation mostly addresses the parts of federal spending that are not part of the appropriations ...
With funding set to run out at 12:01 a.m. Saturday, several more Senate Democrats remain non-committal while others publicly ...
The interim government is planning to prepare a small budget with a 6 percent GDP growth target for the next fiscal year considering the sluggish economy and low revenue collection.
Congress is poised to pass a President Trump-endorsed funding bill this week that D.C. officials warn would lead to a $1 ...
New York Magazine on MSN7h
Will There Be a Government Shutdown? Live UpdatesAs of Wednesday night, it looked like a path was emerging whereby Senate Democrats would abandon plans to filibuster the ...
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Hundreds of thousands of federal workers are on edge as the Senate struggles to reach a deal ahead of Friday night's looming ...
CHENNAI: As Finance Minister Thangam Thennarasu is set to table the last full-fledged budget of the present government on ...
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California Sens. Alex Padilla and Adam Schiff will vote “no” on the House-passed plan to keep the government running through ...
South Africa has entered unchartered waters following deep divisions in the coalition government over the national budget ...
Tamil Nadu Chief Minister M K Stalin-led DMK regime on Friday presented its Budget 2025-26 in the Assembly, a full-fledged ...
There’s no specific new disaster aid to help victims of the devastation from the Southern California wildfires in the budget ...
New York Magazine on MSN6h
The Other Government Shutdown Happening This WeekRussell Vought and Elon Musk are making congressional funding decisions irrelevant by their own lawless actions, like mass ...
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