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% ...
New data from the Treasury Department shows the federal deficit is $318 billion larger in the first five months of fiscal ...
The deficit totaled just over $307 billion for the month, nearly 2½ times what it was in January and 3.7% higher than February 2024. Receipts and expenditures set records for the month ...
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