U.S. budget deficit for Trump's first full month in office hits $307 billionThe U.S. budget deficit reached $307 billion in February 2025, driven by record outlays despite increased receipts.
U.S. debt interest costs are about to blow past $1 trillion this fiscal yearThe US budget deficit exceeded $1.5 trillion for 10 months, narrowed by higher revenues, with interest burden from debt remaining a significant challenge.