Interest payments eclipsed $1 trillion as federal deficit hit $1.8 trillion in fiscal 2025, CBO says
Tax revenue increased by just over $300 billion, but spending also increased by just about the same amount, according to the CBO.
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Budgets and Deficits
Charlotte and Raleigh, the largest cities in North Carolina, have each grown by more than 7% since the outset of COVID-19.
The effort could have a significant impact on how taxpayer money is spent in the state.
President Donald Trump's illegal trade war has cost farmers billions. Now, instead of removing the tariffs, Trump wants a bailout.