America’s federal budget deficit effectively doubled over the year to $2 trillion, a surprising jump given the strength of the economy. The deficit is the gap between how much the government ...

The Federal Government ran a $1.8T budget deficit for the fiscal ... 5 Quarterly Receipts. The chart below shows how expenses are spread across lots of services and have reached a new equilibrium ...

The Congressional Budget Office reported that the federal budget deficit through August grew by about $600 billion, compared to a year ago, as spending increased and tax revenue declined.

Federal budget deficit hits record $1.1T in first 5 months of fiscal year ... On the revenue side, total tax receipts were up $37 billion, or 2%, in the first five months of fiscal year 2025.

Year-to-date receipts came in at $1.596 trillion, up 1% or $11 billion from the same period a year earlier, while outlays totaled $2.436 trillion, up 15% or $319 billion from the prior year period.

The charts below are based on information from the Congressional Budget Office, which does nonpartisan analysis for Congress. The totals are based on fiscal year 2023.

The U.S. federal budget deficit surged during the first quarter of fiscal 2025, climbing nearly 40% higher than last year. The Treasury Department reported a shortfall of over $80 billion for ...

Here’s how tall a stack of $100 bills would be to make a trillion.