US Budget Deficit Widens to $840 Billion in First 4 Months of Fiscal Year
The 12-month rolling deficit topped $2 trillion. The data show the U.S. government is still borrowing ‘at an alarming rate,’ said one analyst. According to new Treasury Department data, the U.S. government registered a $840 billion budget deficit in the first four months of fiscal year 2025, up 58 percent from the previous year. In