The numbers: The U.S. federal budget deficit widened to a record $711 billion in the first three months of the fiscal year, up from $510 billion in the same period last year, an increase of 39% ...

(The Center Square) – The federal government borrowed $710 billion in the first three months of fiscal year 2025, with 10 days before President-elect Donald Trump takes office. The Congressional ...

reduced partly by a shift of benefit payments into November but capping a record $711 billion deficit for the first three months of the 2025 fiscal year, the U.S. Treasury Department said on Tuesday.

The three-month periods ended November 30, 2024 and 2023 are referred to as the third quarter of fiscal 2025 and fiscal 2024, respectively.) Backlog and Expected Revenue Growth for Fiscal Year ...

Congress has run a deficit every year since 2001. In the past 50 years, the federal government has ended with a fiscal year-end budget surplus four times, most recently in 2001.

reduced partly by a shift of benefit payments into November but capping a record $711 billion deficit for the first three months of the 2025 fiscal year, the U.S. Treasury Department said on Tuesday.