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US budget deficit hits $307 billion in February, up 4.5% from last year under Trump.
The US budget deficit hit $307 billion in February 2025, President Trump's first full month in office, marking a 4.5% increase from the previous year.
Despite efforts to cut spending and increase efficiency, led by Elon Musk's Department of Government Efficiency, the deficit for the year has already surpassed $1 trillion, up 38% from the same period last year.
The deficit is driven by higher spending on debt interest, social security, and tax credits, despite a 9% increase in receipts.
Trump's tax policies are expected to add to the deficit over the next decade.
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El déficit presupuestario estadounidense alcanza los $307 mil millones en febrero, un 4,5% más que el año pasado bajo Trump.