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Russia’s Budget Deficit Grows to 1.3% of GDP in Jan.-Feb.

US October-February budget deficit hits record $1.147 trillion

The U.S. budget deficit for the first five months of fiscal 2025 hit a record $1.147 trillion, the Treasury Department said on Wednesday, including a $307 billion February deficit for President Donald Trump's first full month in office that was up 4% from a year earlier.

CNBC on MSN · 13h

U.S. budget deficit surged in February, passing $1 trillion for new year-to-date record

The U.S. debt and deficit problem worsened during President Donald Trump's first month in office, as the budget shortfall for February passed the $1 trillion mark even though the fiscal year is not yet at the halfway point.

The Moscow Times on MSN · 1d

Russia’s Budget Deficit Grows to 1.3% of GDP in January-February

Russia’s budget deficit for the first two months of 2025 reached 2.7 trillion rubles ($31.6 billion), driven by a 30.6% year-on-year increase in spending and more modest revenue growth, Finance Ministry data published Tuesday showed.

Reuters on MSN · 11h

US budget deficit for Trump's first full month in office reaches $307 billion

The U.S. budget deficit totaled $307 billion for President Donald Trump's first full month in office, up 4%, or $11 billion, from a year ago, the Treasury Department said on Wednesday, even as growth in receipts outpaced that of spending.

South Africa's budget remains stuck

Reuters on MSN · 16h

South Africa's budget remains stuck as parties reject reduced VAT hike

By Wendell Roelf, Kopano Gumbi and Tannur Anders CAPE TOWN (Reuters) -A revised budget presented on Wednesday by South Africa's finance minister was immediately rejected by major political parties, even though a proposed increase in value-added tax was sharply reduced.

BBC · 15h

South Africa’s budget deadlock: Treasury proposes smaller VAT hike

South Africa’s Treasury has revised its national budget, proposing a smaller increase in VAT in a bid to break a political deadlock within the ruling coalition. South Africa’s National Treasury has presented a revised budget that includes a smaller increase in value-added tax.

Hosted on MSN · 16h

S.Africa revised budget gets booed despite smaller tax hike

South Africa's finance minister unveiled Wednesday a budget with a smaller increase in value-added tax than previously proposed, but it was immediately rejected by a key party in the unity government.

DC braces for $1 billion budget cut

The New York Times · 2d

G.O.P. Spending Bill Would Force $1 Billion Cut to D.C. Budget

Republicans omitted a standard provision approving the District’s budget in a stopgap funding measure needed to avert a shutdown before the end of the week. The result would be a 16 percent cut.

Yahoo · 5h

Senate debating spending bill that would cut $1B from DC budget

D.C. officials are pleading with the U.S. Senate to restore the city’s funding levels after the House passed a spending bill that would cut about $1 billion from the District’s budget.

NBC Washington D.C. on MSN · 20h

DC braces for $1 billion budget cut after House ignores spending bill plea

The House passed a bill Tuesday that would avert a government shutdown, but D.C. leaders say it will have devastating effects in the District and force police and teacher layoffs. House Republicans’ resolution to avoid a government shutdown and keep the government funded through Sept.

What Does a Shutdown Have to Do With the Budget or Elon Musk? Here’s a Guide.

By design, budget reconciliation mostly addresses the parts of federal spending that are not part of the appropriations ...

9hon MSN

Brazil seeks to reallocate nearly $6.9 billion in 2025 budget

Brazil's government has asked Congress to approve a nearly 40 billion reais ($6.9 billion) budget reallocation, boosting ...

Richmond BizSense1h

Chesterfield’s FY26 budget would cut real estate tax rate, increase BPOL threshold

"Our budget is an austere approach, where our pace is a straight-line progression, slow and steady with no finish line,” ...

10h

R.I. legislators debate Trump’s impact on business, the budget, and the Washington Bridge

While Democrats see “nothing but instability coming out of Washington,” one Republican leader says, “Things are going really ...

14hon MSN

In the face of deep budget cuts, Portland officials hope to maintain homeless services

A funding source has yet to be found for about a third of the city's homeless services budget, though city officials said ...

Green Bay school district faces at least $10M budget deficit in 2026-27. What comes next?

Superintendent Vicki Bayer told the board Monday evening the district likely faces a $10 million to $12 million deficit. What ...

13h

5 big items in N.H. Governor Ayotte’s budget trailer

Besides bail reform, the governor’s 102 proposed policy changes include addressing student cell phone use in schools, ...

17hon MSN

Amid budget cuts in Colorado, Boulder nonprofits get support from community grant

While this isn't the first time that Boulder Community Health has helped local nonprofits, it is the first time they have an ...

11hon MSN

California Sens. Alex Padilla, Adam Schiff are ‘no’ votes on budget as government shutdown looms

California Sens. Alex Padilla and Adam Schiff will vote “no” on the House-passed plan to keep the government running through ...

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Russia’s Budget Deficit Grows to 1.3% of GDP in Jan.-Feb.

South Africa's budget remains stuck

DC braces for $1 billion budget cut

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