U.S. Federal Budget - Search News

U.S. budget deficit soars past $1.1T

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.

Honolulu Star-Advertiser · 1d

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.

Barron's on MSN · 1d

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.

Johns Hopkins, Federal Aid

The New York Times · 9h

Johns Hopkins to Cut More Than 2,000 Workers Funded by Federal Aid

The university, a leader in scientific research, has been hard hit by the Trump administration’s cuts, which will slash at least $800 million from its budget.

The Washington Post on MSN · 10h

Johns Hopkins University to slash 2,000 jobs after $800M in federal cuts

Johns Hopkins University said it is laying off more than 2,000 workers across the globe after the Trump administration cut $800 million in federal grants.

Akron News Reporter on MSN · 6h

Johns Hopkins to slash nearly 2,000 jobs after losing $800 million in federal grants

More than 2,000 positions related to global health are being cut from the Johns Hopkins University after the Baltimore institution saw $800 million in federal grants disappear, a spokesperson confirmed Thursday.

USA Today9d

House passes Arrington's Trump-endorsed federal budget resolution, awaits Senate approval

U.S. Rep. Jodey Arrington's federal budget, already endorsed by President Donald Trump, has moved on to the Senate ...

17hon MSN

Team Trump is spending $200 million on ad campaign so migrants deport themselves - as the federal budget is hacked

Team Trump is spending $200 million on ad campaign so migrants deport themselves - as the federal budget is hacked - The ...

7don MSN

Why US federal agency spending has outpaced inflation — despite headcounts dropping billions fly out the door

Washington is spending more of your money than ever — far above the rate of price increases over the past quarter-century.

11hon MSN

What happens to Social Security, TSA and other programs if the federal government shuts down?

Hundreds of thousands of federal workers are on edge as the Senate struggles to reach a deal ahead of Friday night's looming ...

9hon MSN

Mass. budget observers warn against ‘preemptive panic’ amid federal funding threats

Massachusetts budget observers and key lawmakers are cautioning against panic and rash decisions amid threats to federal ...

New Scientist on MSN14h

NASA may have to cancel major space missions due to budget cuts

Potential cuts of up to 50 per cent of NASA's science budget could mean cancelling missions including the Hubble Space Telescope and the Voyager probes ...

14h

D.C. Families, Facing Lost Jobs and a Gutted City Budget, Beseech Republican Lawmakers

With signs made from crayons and colored markers, children rallied on Capitol Hill with their parents on Thursday, protesting ...

2don MSN

South African rand gains amid US recession fears ahead of local budget

South Africa's rand edged higher on Tuesday against a weaker dollar amid global and domestic economic uncertainty and as ...

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