The federal budget deficit totaled $1. 1 trillion in the first seven months of fiscal year 2025, CBO estimates. That amount is $196 billion more than the deficit recorded during the same period last fiscal year.
The federal budget deficit totaled $1.1 trillion in the first seven months of fiscal year 2025, CBO estimates. That amount is $196 billion more than the deficit recorded during the same period last fiscal year.
The Majority Leader of the House of Representatives announces bills that will be considered under suspension of the rules in that chamber. CBO estimates the effects of those bills on direct spending and revenues.
