“U.S. budget deficit surged in February, passing $1 trillion for year-to-date record”

“…Government spending eased slightly on a monthly basis though it still far outpaced revenue, according to a Treasury Department statement Wednesday. The deficit totaled just over $307 billion for the month, nearly 2½ times what it was in January and 3.7% higher than February 2024. Receipts and expenditures set records for the month, a Treasury spokesman said.

For the year, the deficit totaled $1.15 trillion through the first five months of fiscal 2025. The total is about $318 billion more than the same span in 2024, or roughly 38% higher, and set a record for the period.

Net costs to finance the $36.2 trillion national debt edged lower to $74 billion for the month. However, the total net interest payments year to date rose to $396 billion, just behind national defense and health. Social Security and Medicare are the largest costs in the U.S. budget…”

https://www.cnbc.com/2025/03/12/us-budget-deficit-surged-in-february-passing-1-trillion-for-new-year-to-date-record.html

See the bold? Part of that has to be D.O.D.G.E. cutting wasteful spending in USAID and other programs.