Federal Budget Breakdown

US Oct.-February budget deficit hits record $1.147 trillion

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.

Reuters on MSN · 1d

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.

Fast Company · 2d

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.

Barron's on MSN · 2d

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.

Democrats, Senate and to shut down

UPI on MSN · 1d

Government shutdown soon? Senate Democrats say they won't back House bill

Senate Democrats have vowed to shut down the federal government rather than support a House-approved budget resolution to avert a pending government shutdown at the end of the day Friday.

The New York Times · 2d

How Each House Member Voted on the Bill to Avoid a Government Shutdown

The House voted 217 to 213 on a bill to fund the federal government through September and avoid a shutdown that would have started this weekend. All but one Republican voted “yes,” joined by just one Democrat.

Politico · 1d

Senate Dems’ last-minute shutdown gambit

Senate Democrats are still not committing to helping Republicans pass a seven-month funding stopgap, edging the country closer to a government shutdown as they attempt to force a vote on a shorter funding patch.

What Does a Shutdown Have to Do With the Budget or Elon Musk? Here’s a Guide.

By design, budget reconciliation mostly addresses the parts of federal spending that are not part of the appropriations ...

3don MSN

What we know about the House GOP government funding bill

House Republicans are hoping to vote Tuesday on a stopgap bill aimed at funding the federal government through September 30 ...

9don MSN

Breaking Down The Federal Government's $1.9 Trillion Healthcare Spending: Where The Money Goes And Why It Matters

The federal government spent $1.9 trillion on healthcare programs and services in 2024–the single largest category of federal ...

4don MSN

FACTBOX What’s in the Republicans' new six-month stopgap funding bill?

The Republicans who control the U.S. House of Representatives plan to vote on Tuesday on a six-month stopgap funding bill to ...

2don MSN

House passes funding bill ahead of Friday shutdown deadline in win for Republicans

Speaker Mike Johnson on Tuesday succeeded in a high-stakes House vote to pass President Donald Trump’s plan to fund the ...

14d

PolitiFact breaks down federal spending, house budget cuts under second Trump administration

PolitiFact's Lou Jacobson discusses the challenges faced by the Department of Government Efficiency (DOGE) in cutting $1 ...

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 ...

1don MSN

Education Department Fires Over 1,300 Workers, Gutting its Staff

The Department of Education announced it was cutting about 2,000 staff members, seemingly the first step in fulfilling ...

6don MSN

NIH research cuts threaten the search for life-saving cures and jobs in every state

Ripple effects of the Trump administration's crackdown on U.S. medical research promise to reach every corner of America.

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