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MNI BRIEF: US Budget Deficit Widens To Record $840B Thru Jan

USPolicy NewsBriefStoryNorth America

MNI (WASHINGTON) - The U.S. budget deficit has grown to a record USD840 billion in the first four months of the fiscal year, up USD308 billion or 58% from the same time last year, the Treasury Department reported Wednesday. 

January 2025 had a monthly deficit of USD129 billion, a jump of USD107 billion from last January's USD22 billion deficit. Monthly outlays of USD642 billion and receipts of USD513 billion were both records. 

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MNI (WASHINGTON) - The U.S. budget deficit has grown to a record USD840 billion in the first four months of the fiscal year, up USD308 billion or 58% from the same time last year, the Treasury Department reported Wednesday. 

January 2025 had a monthly deficit of USD129 billion, a jump of USD107 billion from last January's USD22 billion deficit. Monthly outlays of USD642 billion and receipts of USD513 billion were both records. 

Keep reading...Show less