US deficit hits $1. 3 tn in 6 months, second-largest midyear gap in history
Edited By WION Video Desk
Published: Apr 11, 2025, 06:25 IST | Updated: Apr 11, 2025, 06:25 IST
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The US Federal budget deficit has hit $1. 3 trillion in the first half of the fiscal year 2025 — the second-largest six-month deficit on record. That’s just behind the $1.7 trillion mid-year deficit recorded in 2021 during the COVID-19 crisis.
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