deficit, fiscal year and Congressional Budget Office

Federal budget deficit hits record $1.1T in first 5 months of fiscal year
New data from the Treasury Department shows the federal deficit is $318 billion larger in the first five months of fiscal year 2025 compared with the last fiscal year.
U.S. budget deficit surged in February, passing $1 trillion for year-to-date record
The U.S. debt and deficit problem worsened during President Donald Trump's first month in office, as the budget shortfall for February passed the $1 trillion mark even though the fiscal year is not yet at the halfway point.
US deficit sets record with $1.1 trillion in first five months of fiscal year 2025
The new numbers, released Wednesday, showed the deficit between October 2024, and February 2025. The deficit for February alone was $307 billion.
US October-February budget deficit hits record $1.147 trillion
The U.S. budget deficit for the first five months of fiscal 2025 hit a record $1.147 trillion, the Treasury Department said on Wednesday, including a $307 billion February deficit for President Donald Trump's first full month in office that was up 4% from a year earlier.
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.
Just The News4h
Trump signs spending bill to keep government funded through end of fiscal year
N.Y., has been the subject of harsh criticism from Democrats in Congress after deciding to vote to advance the bill, rather ...
US immigration agency is short of $2 billion for the year, Axios reports
The United States Immigration and Customs Enforcement (ICE) has warned Congress has a funding shortfall of $2 billion for ...
Guilford College needs to raise $5 million by end of fiscal year to balance budget
The college is aiming to balance their budget before the end of the fiscal year as a way to end their accreditation probation.
Discount retailer to close about 100 stores this year
According to an earnings report, the discount retailer plans to close 96 stores in the first quarter of the 2025 fiscal year.
Community Impact4d
Liberty Hill ISD makes nearly $6.4M in budget cuts for fiscal year 2025-26
Liberty Hill ISD is cutting over 70 positions and reducing budgets to address a multimillion-dollar shortfall.
Hoodline3d
Germantown Sets Course for Fiscal Year 2026, Key Budget Dates and Roles of Financial Advisory Commission Outlined
Germantown sets FY 2026 budget timeline; FAC to assist in the process with meetings through April and a public hearing on ...
Gov. Whitmer budgets for correctional facilities in fiscal year 2026
Michigan Department of Corrections Director Heidi E. Washington says Marquette Branch Prison and Alger Correctional Facility ...
Oracle expects 15% revenue growth next fiscal year on strong AI cloud demand
Oracle CEO Safra Catz said that the company's large sales backlog will help drive 15% growth in its revenue next fiscal year, ...
Committee for a Responsible Federal Budget3d
Treasury: $1.1 Trillion Deficit in First Five Months of Fiscal Year 2025
The United States borrowed $1.1 trillion in the first five months of fiscal year 2025, including $307 billion in February, according to the latest ...