Federal budget deficit hits record $1.1T in first 5 months of fiscal year
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The Treasury Department reported that the federal budget deficit has reached a record $1.1 trillion in the first five months of fiscal year 2025, which is $318 billion higher than the same period in the previous fiscal year. This significant increase in the deficit could signal potential challenges for fiscal policy and economic stability.
March 18, 2025 | 11:30 am
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The record federal budget deficit might create uncertainty in financial markets, potentially affecting broad market ETFs like SPY.
Large budget deficits can signal economic instability, potentially leading to market uncertainty, higher interest rates, and reduced investor confidence.
CONFIDENCE 75
IMPORTANCE 80
RELEVANCE 70