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 for Trump’s first full month in office hits $307 billion
The deficit for the first five months of fiscal 2025 came to $1.147 trillion, up 38%, or $318 billion, 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.
U.S. Deficit Hits a Record $1.15 Trillion Over 5 Months
Data disclosed by the Treasury Department showed an adjusted gap between federal spending and revenue of $1.063 trillion for October through February.
US Immigration and Customs Enforcement 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 ...
Speaker Johnson: Year-Long CR Is The "Responsible, Conservative Play" To Prepare For Cuts In FY-26
House Speaker Mike Johnson told reporters at a press conference Tuesday morning that this continuing budget resolution will ...
IdeaForge to increase R&D spending this fiscal to boost UAV innovation
City-based drone maker ideaForge is planning higher R&D spend this fiscal year, as it develops technology and product ...
Tanzania plans to raise spending by 13% in fiscal year from July, draft shows
Tanzania plans to increase overall spending by 13.4% in the fiscal year from July, according to a draft budget that focuses ...
Committee for a Responsible Federal Budget3d
What's in the House's Full-Year Continuing Resolution?
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 ...
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 ...
Hoodline1d
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 ...
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, ...
US immigration agency is short of $2 billion for the year, Axios reports
Congress will send the U.S. Immigration and Customs Enforcement (ICE) an extra $500 million as part of the stop-gap spending ...
The Daily Northwestern3d
District 65 fiscal year 2024 audit finds inconsistent numbers
The Evanston/Skokie School District 65 Board of Education heard a financial evaluation at its Committee of the Whole meeting ...