The American budget deficit jumped in February, spending 1 dollars billion for the record of the year

The American treasure building is seen from the Washington monument on a cold winter day on January 21, 2025 in Washington, DC.

Kevin Carter | Getty images

The American debt and the problem of deficit worsened during the first month of power of President Donald Trump, because the budget deficit for February succeeded in the 1 dollar billion mark, even if the exercise is not yet halfway.

Public spending was slightly released on a monthly basis, although it has still exceeded a lot of income, according to a press release from the Treasury Department on Wednesday. The deficit totaled just over $ 307 billion for the month, almost 2 times what it was in January and 3.7% more than February 2024.

Receptions and expenses have established records for the month, said a Treasury spokesperson.

For the year, the deficit totaled $ 1.15 billion in the first five months for the year 2025. The total is approximately $ 318 billion more than the same range in 2024, about 38% more, and has set a record for the period.

Net costs to finance the national debt of 36.2 dollars of dollars decreased to $ 74 billion for the month. However, the total net payments of annual interests to date has reached $ 396 billion, just behind national defense and health. Social security and health insurance are the most important costs of the American budget.

The deficit has inflated in the last three years of the mandate of former president Joe Biden, from 1.38 dollars to $ 1.83 billion.

Trump has obtained the government's tax house in order to take up a priority since entering into office. Since taking control, he has created the so-called Ministry of Government's efficiency, led by Elon Musk. The Advisory Council has directed job cuts on several departments in addition to early retirement incentives. A treasury spokesman said there had not yet been any apparent impact of the efforts of the DOGE, but has referred to an additional comment to the panel led by the muscles.

At the same time, Trump wants to extend the law on tax reductions and jobs, carried out during his first administration. While Trump has praised the growth that tax reductions would bring, several reflections say that the renewal of the law would also add 3.3 billions of dollars to the deficit in the next decade.

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