The federal government borrowed $1.3 trillion during the first six months of the current fiscal year, the Treasury Department ...

WASHINGTON (AP) — The U.S. budget deficit has grown to more than $1.3 trillion in the first half of the 2025 fiscal year — the second highest six-month deficit on record, according to Treasury ...

The new Treasury Department data shows a deficit of $1.307 trillion for October through March, the first six months of the fiscal year 2025. And spending is $139 billion more in the first three ...