The U.S. budget deficit surged past the $1 trillion mark in February, less than six months into fiscal year 2025. As of Feb. 28, the federal government spent nearly $1.15 trillion more than it had ...

WASHINGTON (AP) — The U.S. budget deficit has grown to more than $1.3 trillion in the first half of the 2025 fiscal year — the second highest six-month deficit on record, according to Treasury ...

recently released its long-term budget outlook and showed that budget deficits are on track to widen in the years ahead, pushing the national debt well above the size of the U.S. economy.

The U.S. budget deficit has grown to more than $1.3 trillion in the first half of the 2025 fiscal year — the second highest six-month deficit on record, according to Treasury Department data released ...