U.S. budget deficit hit $316 billion in May, with annual shortfall up 14% from a year ago

cnbc.com/2025/06/11/us-budget-deficit-hit-316-billion-in-may-with-annual-shortfall-up-14percent-from-a-year-ago.html

The U.S. government drifted further into red ink in May, with a burgeoning debt and deficit issue getting worse, the Treasury Department reported Wednesday.
After running a short-lived surplus in April thanks to tax season receipts, the deficit totaled just more than $316 billion for the…

This story appeared on cnbc.com, 2025-06-11 20:31:27.324000.
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