First published by Money Metals Exchange here: https://www.moneymetals.com/news/2024/12/12/biden-kicks-of-fiscal-2025-with-biggest-deficit-ever-003682
<p><img src='https://www.moneymetals.com/uploads/content/Biden-Kicks-of-Fiscal-2025-With-Biggest-Deficit-Ever.jpeg'/></p>Through the first two months of fiscal 2025, the Biden administration managed to run a $624.21 billion budget. It&#039;s the biggest shortfall to start a year on record.