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

Apr 10, 2025 · The U.S. budget deficit has grown to more than $1.3 trillion in the first half of the fiscal year. The Treasury Department says it's the second highest six-month deficit on record.

Dec 10, 2025 · On December 12, the Congressional Budget Office released a compendium of 76 policy options to reduce federal budget deficits over the next decade and their estimated effects on the …

The federal government incurred a deficit of $255 billion in October 2024, CBO estimates—$189 billion more than the shortfall recorded last October. Revenues were lower this October (the first month of …

See the latest numbers on the national deficit for this fiscal year and how it compares to previous years.

Apr 3, 2025 · The Real-Time Federal Budget Tracker reports the federal government’s daily cash operations, including daily spending, receipts, and deficits.

A budget deficit occurs when the federal government spends more money than it brings in through taxes, customs duties, the sale of assets, and other revenues. When the government has a deficit, it …

Oct 8, 2025 · Learn how budget deficits arise, their economic impact, and discover strategies to reduce them. Gain insights into managing government spending and national debt.

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.

Dec 16, 2025 · For any given year, the federal budget deficit is the amount of money the federal government spends (also known as outlays) minus the amount of money it collects from taxes (also …