Government budget deficits

FILE- In this May 30, 2018, file photo the East Front of the U.S. Capitol in Washington is seen under stormy skies. On Tuesday, June 12, the Treasury Department releases federal budget data for May. (AP Photo/J. Scott Applewhite, File)
June 12, 2018 - 2:56 pm
WASHINGTON (AP) — The federal government recorded a budget deficit of $146.8 billion in May, helping push the total deficit so far this year 23 percent above the same period a year ago. Last month's deficit followed a surplus of $214.3 billion in April, a month that traditionally ends in the black...
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May 24, 2018 - 3:42 pm
WASHINGTON (AP) — The nonpartisan Congressional Budget Office said Thursday that President Donald Trump's budget plan won't curb the spiraling deficit as it claims. Trump's budget, released in February and mostly ignored since, promises spending cuts and economic growth that would cut the deficit...
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May 10, 2018 - 2:00 pm
WASHINGTON (AP) — The federal government swung to a surplus of $214.3 billion in April, primarily reflecting the revenue from that month's annual tax filing deadline. The Treasury Department reported Thursday that last month's surplus increased 17.4 percent from a year ago. The April surplus...
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April 11, 2018 - 2:04 pm
WASHINGTON (AP) — The federal government recorded a budget deficit of $208.7 billion in March, an increase of more than $32 billion from a year ago as revenues slipped and expenditures climbed. The Treasury Department reports that the February deficit was 18.4 percent higher than a year ago,...
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FILE - In this March 23, 2018, file photo, a copy of the $1.3 trillion spending bill is stacked on a table in the Diplomatic Room of the White House in Washington. A new analysis says President Donald Trump's tax cuts and last month's big spending bill will send the federal deficit toward $1 trillion. The Congressional Budget Office says tax and spending bills will push the deficit to $804 billion this year and nearly $1 trillion for 2019. (AP Photo/Pablo Martinez Monsivais)
April 09, 2018 - 6:38 pm
WASHINGTON (AP) — The combined effect of President Donald Trump's tax cuts and last month's budget-busting spending bill is sending the federal deficit toward the $1 trillion mark next year, according to a new analysis by the Congressional Budget Office. The CBO report says the nation's $21...
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FILE - In this March 5, 2013, file photo, former Sen. Clem Tillion speaks during the Alaska Legislative Centennial at Rockwell's restaurant in Juneau, Alaska. Tillion, a former state legislator, has supported the existing law for calculating the annual check that Alaska residents receive from the state's oil-wealth fund and was part of an effort that unsuccessfully challenged Gov. Bill Walker's 2016 halving of the checks. (Michael Penn/The Juneau Empire via AP, File)
March 26, 2018 - 12:40 am
JUNEAU, Alaska (AP) — The joke has always been that Alaska is so wealthy it pays its residents to live here. But those yearly checks have gotten smaller, and could undergo a massive change, as Alaska struggles to pay state troopers and fix roads amid years of low oil prices. After oil started...
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FILE - In this March 5, 2013, file photo, former Sen. Clem Tillion speaks during the Alaska Legislative Centennial at Rockwell's restaurant in Juneau, Alaska. Tillion, a former state legislator, has supported the existing law for calculating the annual check that Alaska residents receive from the state's oil-wealth fund and was part of an effort that unsuccessfully challenged Gov. Bill Walker's 2016 halving of the checks. (Michael Penn/The Juneau Empire via AP, File)
March 26, 2018 - 12:34 am
JUNEAU, Alaska (AP) — Alaska lawmakers, faced with limited options for filling the state's budget deficit, may have to dip into earnings from Alaska's famed oil-wealth fund. Major proposals for doing so, however, involve changing how the annual checks that residents receive from fund earnings are...
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In this March 14, 2018 photo, U.S. Navy personnel respond to a F/A-18 Super Hornet that crashed on its approach to Naval Air Station Key West in Florida. Both the pilot and weapons system officer ejected and were recovered, but U.S. Naval Air Forces reported late Wednesday night that both had died. (Rob O'Neal/The Key West Citizen via AP)
March 15, 2018 - 11:22 pm
WASHINGTON (AP) — The Pentagon acknowledged Thursday that budget shortfalls have eroded military capabilities, including training and flight hours, but stopped short of blaming those cutbacks for the crash of a U.S. Navy fighter jet that killed both crew members. Dana White, Pentagon spokeswoman,...
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In this March 14, 2018 photo, U.S. Navy personnel respond to a F/A-18 Super Hornet that crashed on its approach to Naval Air Station Key West in Florida. Both the pilot and weapons system officer ejected and were recovered, but U.S. Naval Air Forces reported late Wednesday night that both had died. (Rob O'Neal/The Key West Citizen via AP)
March 15, 2018 - 6:29 pm
WASHINGTON (AP) — The Pentagon acknowledged Thursday that budget shortfalls have eroded military capabilities, including training and flight hours, but stopped short of blaming those cutbacks for the crash of a U.S. Navy fighter jet that killed both crew members. Dana White, Pentagon spokeswoman,...
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March 12, 2018 - 2:17 pm
WASHINGTON (AP) — The federal government recorded a budget deficit of $215.2 billion in February, up significantly from a year ago as the impact of the GOP tax cuts passed in December begin to surface. The Treasury Department reports that the February deficit was 12.1 percent higher than a year ago...
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