First published by Money Metals Exchange here: https://www.moneymetals.com/news/2024/11/15/biden-administration-kicks-off-fiscal-2025-with-yet-another-big-budget-deficit-003620
<p><img src='https://www.moneymetals.com/uploads/content/Biden-Administration-Kicks-Off-Fiscal-2025-With-Yet-Another-Big-Budget-Deficit.jpeg'/></p>After running the third-largest budget deficit in history in fiscal 2024, the Biden administration kicked off fiscal 2025 in a similar manner.