{"id":37210,"date":"2025-01-14T13:20:00","date_gmt":"2025-01-14T19:20:00","guid":{"rendered":"https:\/\/ustower.net\/?p=37210"},"modified":"2025-01-14T19:02:49","modified_gmt":"2025-01-15T01:02:49","slug":"u-s-posts-record-711-bln-deficit-for-first-three-months-of-fiscal-2025","status":"publish","type":"post","link":"https:\/\/ustower.net\/?p=37210","title":{"rendered":"U.S. posts record $711 bln deficit for first three months of fiscal 2025"},"content":{"rendered":"\n<p class=\"has-medium-font-size\">WASHINGTON, Jan 14 (Reuters) &#8211; The U.S. government posted an $87 billion budget deficit in December, reduced partly by a shift of benefit payments into November but capping a record $711 billion deficit for the first three months of the 2025 fiscal year, the U.S. Treasury Department said on Tuesday.<\/p>\n\n\n\n<p class=\"has-medium-font-size\">The Treasury, releasing its final budget report before President-elect Donald Trump takes office next week, said that the $711 billion October-December deficit was $201 billion, or 39% higher, than the $510 billion deficit in the same period a year earlier as outlays grew sharply and revenues declined slightly.<\/p>\n\n\n\n<p class=\"has-medium-font-size\">For December, the $87 billion deficit was reduced by $51 billion by the calendar benefit shift, and compared to a $129 billion deficit in December 2023. Receipts for the month were up 6% to $454 billion, while outlays as reported were down 3% to $541 billion.<\/p>\n\n\n\n<p class=\"has-medium-font-size\"><a href=\"https:\/\/www.reuters.com\/world\/us\/us-posts-record-711-bln-deficit-first-three-months-fiscal-2025-2025-01-14\/\">reuters<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>WASHINGTON, Jan 14 (Reuters) &#8211; The U.S. government posted an $87 billion budget deficit in December, reduced partly by a shift of benefit payments into November but capping a record $711 billion deficit for the first three months of the 2025 fiscal year, the U.S. Treasury Department said on Tuesday. The Treasury, releasing its final [&hellip;]<\/p>\n","protected":false},"author":7,"featured_media":37211,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1155],"tags":[1780,31998,31999,10442],"class_list":["post-37210","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-deficit","tag-first-quarter","tag-fiscal-2025","tag-us"],"_links":{"self":[{"href":"https:\/\/ustower.net\/index.php?rest_route=\/wp\/v2\/posts\/37210","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ustower.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ustower.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ustower.net\/index.php?rest_route=\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/ustower.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=37210"}],"version-history":[{"count":1,"href":"https:\/\/ustower.net\/index.php?rest_route=\/wp\/v2\/posts\/37210\/revisions"}],"predecessor-version":[{"id":37212,"href":"https:\/\/ustower.net\/index.php?rest_route=\/wp\/v2\/posts\/37210\/revisions\/37212"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ustower.net\/index.php?rest_route=\/wp\/v2\/media\/37211"}],"wp:attachment":[{"href":"https:\/\/ustower.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=37210"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ustower.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=37210"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ustower.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=37210"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}