Big worry for Trump: U.S. budget deficit explodes in February, surpassing $1 trillion in record-breaking year-to-date surge, raising concerns over unprecedented fiscal challenges

The US budget deficit surpassed $1 trillion in just five months, with February's deficit reaching $307 billion. Government spending continues to exceed revenue, with a $1.15 trillion deficit for the year. Under former President Biden, the deficit increased dramatically. The Trump administration, focused on reducing waste, faces challenges with proposed tax cuts potentially worsening the deficit.