U. S. Budget Deficit by Year - The Balance Generally, a deficit is a byproduct of expansionary fiscal policy, which is designed to stimulate the economy and create jobs If deficit spending achieves that goal within reasonable parameters, many economists would argue that it's been successful How can the government reduce the deficit?
National Deficit | U. S. Treasury Fiscal Data What is the national deficit? A deficit occurs when the federal government’s spending exceeds its revenues The federal government has spent $ 1 36 trillion more than it has collected in fiscal year (FY) 2025, resulting in a national deficit
US Fiscal Deficit by Year (2001–2025): Key Insights and Trends For the last 25 years, the United States has had chronic budget deficits The only exception was in 2001 Since then, the US government has run a persistent fiscal deficit each year Deficits were smaller in the early 2000s, increased significantly in the 2008 financial crisis, became smaller again for some years, but increased again in 2020 due to the COVID-19 pandemic
DEFICIT definition and meaning | Collins English Dictionary A deficit is the amount by which something is less than what is required or expected, especially the amount by which the total money received is less than the total money spent They're ready to cut the federal budget deficit for the next fiscal year
Deficit Definition Meaning | Britannica Dictionary DEFICIT meaning: 1 : an amount (such as an amount of money) that is less than the amount that is needed; 2 : the amount by which a person or team is behind in a game or contest