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 ...
US budget deficit for Trump's first full month in office reaches $307 billion
The U.S. budget deficit totaled $307 billion for President Donald Trump's first full month in office, up 4%, or $11 billion, ...
Overtime spending in city agencies killed Baltimore’s $53.8 million budget ‘windfall’; city preparing for deficit
Excessive overtime spending in city agencies all but erased Baltimore’s fiscal year 2024 surplus, and now the city is ...
Green Bay school district faces at least $10M budget deficit in 2026-27. What comes next?
Superintendent Vicki Bayer told the board Monday evening the district likely faces a $10 million to $12 million deficit. What ...
Indonesia keeps 2025 budget deficit forecast unchanged despite tax revenues slump
Indonesia's government is maintaining its forecast that the budget deficit will be 2.53% of GDP this year despite a 30% ...
U.S. budget deficit surged in February, passing $1 trillion for new year-to-date record
Government spending eased slightly on a monthly basis though it still far outpaced revenues, according to a Treasury ...
Fresno County facing $15 million budget deficit
On Tuesday, the Fresno County Board of Supervisors heard a status update on budget planning for fiscal year 2025-26. It is ...
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Indonesia posts rare, early budget deficit as revenues slump
JAKARTA] Indonesia posted an unlikely budget deficit as of February due to a double-digit drop in state revenues, adding to ...
High Spending Pushes Russia's Budget Deficit to $31.5 Billion in Jan-Feb
(Reuters) - Russia's budget deficit widened to 1.3% of gross domestic product (GDP) in the first two months of 2025, or 2.70 ...
Sacramento’s budget deficit could lead to less police positions and increased parking rates
The city of Sacramento’s $44 million budget deficit has forced department leaders to propose ways to decrease their budgets for the upcoming fiscal year.
Minnesota budget forecast: worsening tax revenue, bigger deficits in coming years
In a post on X Thursday morning, Minnesota Management and Budget said the upcoming two-year budget is expected to have a $456 million surplus, which is $160 million lower than prior estimates. And the ...
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.