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 ...
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 ...
U.S. budget deficit surged in February, passing $1 trillion for year-to-date record
Government spending eased slightly on a monthly basis though it still far outpaced revenues, according to a Treasury Department statement Wednesday. The deficit totaled just over $307 billion for the ...
Money Metals Exchange8h
Fiscal 2025 Budget Deficit Tops $1 Trillion
The federal government ran yet another massive budget deficit in February, pushing the total budget shortfall to over $1 ...
Just The News1d
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 ...
Ghana to implement economic 'shock therapy' to reduce debt
Ghana's new government will make steep spending cuts this year to recover the economy, Finance Minister Cassiel Ato Forson ...
No, DOGE can’t fix the deficit. Here’s why.
Elon Musk and Donald Trump’s Department of Government Efficiency (DOGE) has made some cuts, but these amount to only 1.25 ...
Ray Dalio: Debt crisis could cause 'economic heart attack' for US economy in the next 3 years
Billionaire hedge fund manager Ray Dalio believes the US economy is at a critical inflection point as the debt situation ...
Germany to ease government debt limits in major step aimed at boosting economy, defense spending
The two political parties expected to form the next German government have agreed to significantly loosen the country’s ...
Ray Dalio Warns US Debt Crisis Could Trigger 'Shocking Developments' Calls To Reduce Deficit At 3% Of GDP
Bridgewater Associates founder Ray Dalio warned on Wednesday that the United States faces a “very severe” supply-demand ...