The books have closed on the U.S. government’s fiscal 2025. Here’s what has changed about the federal budget—and what hasn’t.
NeutralFinancial Markets

The U.S. government has finalized its fiscal 2025 budget, revealing both changes and continuities in federal spending. This update is significant as it outlines the government's financial priorities and impacts various sectors, influencing economic stability and public services. Understanding these budgetary shifts is crucial for citizens and policymakers alike, as they reflect the administration's approach to addressing national challenges.
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