The U.S. federal budget deficit for fiscal year 2025 is $1.8 trillion
On the 8th local time, the U.S. Congressional Budget Office stated that the U.S. federal budget deficit for fiscal year 2025 is $1.8 trillion, a decrease of $8 billion from the deficit in fiscal year 2024.Maya MacGuineas, president of the Committee for a Responsible Federal Budget,…