U.S. budget deficit edged lower in 2025 as tariffs, debt payments both saw new records

The federal government managed to escape with a $1.78 trillion shortfall, some $41 billion, or 2.2%, less than fiscal 2024.

Oct 17, 2025 2

U.S. budget deficit edged lower in 2025 as tariffs, debt payments both saw new records
The federal government managed to escape with a $1.78 trillion shortfall, some $41 billion, or 2.2%, less than fiscal 2024.
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