budget 2025 - Search News

U.S. budget deficit soars past $1.1T

Fox Business on MSN · 1h

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 · 23h

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 · 22h

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.

CNBC on MSN · 1d

U.S. budget deficit surged in February, passing $1 trillion for year-to-date record

The U.S. debt and deficit problem worsened during President Donald Trump's first month in office, as the budget shortfall for February passed the $1 trillion mark even though the fiscal year is not yet at the halfway point.

Mayor Cherelle Parker pitches her $6.7 billion budget plan

The Philadelphia Inquirer · 39m

Mayor Cherelle Parker pitches her $6.7 billion budget plan as Trump’s ‘grave’ threat to cut aid to cities looms

The Trump administration has already cut funding to the city for sustainability programs, City Finance Director Rob Dubow said this week. Those cuts so far haven’t added up to much, he said, but deeper reductions could be catastrophic for a city that received $2.8 billion in federal funding in the 2024 fiscal year.

CBS Philadelphia on MSN · 4h

Philadelphia Mayor Cherelle Parker's 2026 budget includes tax cuts, preparations for 2026

Mayor Cherelle Parker is introducing her 2026 budget for the city of Philadelphia in a City Council session Thursday.

KYW Radio Philadelphia on MSN · 1d

Restructuring of city taxes expected in Mayor Parker’s new Philly budget proposal

Philadelphia Mayor Cherelle Parker is expected to announce a restructuring of city taxes when she introduces her $6.7 billion budget to City Council.

2h

Lutnick says Trump wants to waive taxes for those earning under $150,000 when budget balanced- Fox News

U.S. President Donald Trump would like to waive taxes for Americans earning under $150,000 once he balances the budget, ...

2hon 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 ...

1d

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 ...

6h

Why small Tennessee farmers will lose millions after USDA budget cuts

The USDA announced nearly $1 billion in cuts last week, shuttering two programs that benefited small Tennessee farms.

11hon MSN

3 bad habits that can derail your budget even more than rising grocery prices

You may need to adjust budgeting habits to ensure financial stability amid rising food costs. Learn about budgeting mistakes ...

18m

Mayor Parker is staring down a big tax fight, a ‘housing D-Day,’ and potential federal cuts. Here are 6 takeaways from her budget address.

Mayor Parker is staring down a big tax fight, a ‘housing D-Day,’ and potential federal cuts. Here are 6 takeaways from her ...

14hon MSN

South Africa's budget may be tweaked further, finance minister says

South Africa's budget may be tweaked further as more talks between political parties will try to overcome differences over a ...

9h

California’s cities and schools face big budget gaps, few options

Therefore the options are either make real spending reductions, which might mean laying off workers and closing schools, or ...

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