Nov 25, 2025 · The U.S. government posted a higher $284 billion deficit for October in a report delayed and impacted by the recent federal government shutdown and reflecting record tariff revenues offset …

Learn about the national deficit, the difference between budget deficit and debt, and how the deficit has changed over time.

3 days ago · The Federal government took in a record amount of tariff revenue in October. It also ran the highest October budget deficit on record.

Oct 16, 2025 · Treasury officials estimated Thursday that the dip in the budget shortfall will bring the ratio of deficit to gross domestic product to 5.9%. The measure has not been below 6% since 2022 …

Nov 25, 2025 · Budget deficit last month was up $27 billion, or 10% higher, than the $257 billion deficit posted in October 2024, largely due to the shift of some $105 billion worth of November benefit …

Nov 24, 2025 · The deficit is the annual shortfall—how much more the government spent than it collected in one year. The national debt is the total amount the government owes from all past …

Nov 25, 2025 · The US kicked off the 2026 fiscal year with a $284 billion budget deficit last month, underscoring the Trump administration’s challenge in attempting to dramatically shrink federal …

Jun 5, 2025 · Explore the US fiscal deficit by year (2001–2025) with clear, year-by-year data on federal revenue, spending, and annual shortfalls.

Every month, the U.S. Treasury releases data on the federal budget, including the current deficit or surplus. The following contains budget data for October 2025, the first month of fiscal year (FY) 2026.

Sep 27, 2025 · A deficit is a financial situation where expenses exceed revenues, imports exceed exports, or liabilities exceed assets, often leading to increased debt for governments, companies, or …