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The sea of red ink continues to proliferate
- The federal budget deficit for fiscal 2025 will total $1.8 trillion.
- The deficit decreased by approximately $8 billion compared to fiscal 2024.
- Interest paid on the national debt surpassed $1 trillion for the first time in fiscal 2025.
- The deficit now represents around 6% of gross domestic product during peacetime, except for the pandemic.
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38 Articles
38 Articles
Waterloo Cedar Falls Courier+8 Reposted by 8 other sources
Sea of red ink keeps growing out of control
As Democrats and Republicans dig in during the latest government shutdown, the Congressional Budget Office released its monthly spending report last week projecting that the federal budget deficit for fiscal
·Waterloo, United States
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Montana Standard+27 Reposted by 27 other sources
The sea of red ink continues to proliferate
As Democrats and Republicans dig in during the latest government shutdown, the Congressional Budget Office released its monthly spending report last week projecting that the federal budget deficit for fiscal 2025 will run $1.8 trillion.
Coverage Details
Total News Sources38
Leaning Left3Leaning Right0Center33Last UpdatedBias Distribution92% Center
Bias Distribution
- 92% of the sources are Center
92% Center
C 92%
Factuality
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