US budget deficit surges past $1 trillion less than halfway through the fiscal year — how this can reflect on your finances
The U.S. budget deficit surged past the $1 trillion mark in February, less than six months into fiscal year 2025.
Wall Street Journal29d
The Countries Fueling America’s $1.2 Trillion Trade Deficit, in Charts
But the U.S. last year ran a trade deficit with more than 100 countries, according to Census Bureau data. Gaps with some of those nations, including Vietnam and India, have grown as businesses ...
Reuters5d
CBO sees US deficits rising over 30 years, economic growth slowing
WASHINGTON, March 27 (Reuters) - The U.S. Congressional Budget Office on Thursday projected significant increases in federal budget deficits and debt over the next 30 years, in part due to rapidly ...
Yahoo Finance2d
US budget deficit surges past $1 trillion less than halfway through the fiscal year
Even though government revenue was high, the increased spending resulted in a deficit. In fact, over the last 50 years, the government has operated on a surplus only four times, most recently in 2001.