National Deficit | U. S. Treasury Fiscal Data In FY 2025, the federal government spent $ 7 01 trillion and collected $ 5 23 trillion in revenue, resulting in a deficit The amount by which spending exceeds revenue, $ 1 78 trillion in 2025, is referred to as deficit spending
The Current Federal Deficit and Debt The federal government reported a deficit of $308 billion in the month of February FY26, an increase of less than $1 billion from the $307 billion deficit recorded in February FY25
US National Debt: $37. 8 Trillion and Growing | GovFacts The deficit measures annual shortfalls between government spending and revenue In Fiscal Year 2024, the federal government spent $6 75 trillion but collected only $4 92 trillion, creating a $1 83 trillion deficit for that year alone The debt accumulates all past deficits minus any surpluses
U. S. Federal Deficit by Year (1940–2025) - us-debt-clock. com The Congressional Budget Office projects deficits will remain above $1 5 trillion annually for the foreseeable future, driven by rising entitlement spending (Social Security, Medicare) and growing interest costs on existing debt
Deficit Tracker - Bipartisan Policy Center The Congressional Budget Office projected a $1 7 trillion deficit (5 5% of GDP) for the fiscal year, slightly lower than FY2025 levels The fiscal year began with the longest government shutdown in history
The Budget and Economic Outlook: 2025 to 2035 - Congressional Budget Office Budget deficit: $1 9 trillion Debt held by the public: 100% of GDP Outlays: $7 0 trillion Revenues: $5 2 trillion In CBO’s projections, the federal budget deficit in fiscal year 2025 is $1 9 trillion Adjusted to exclude the effects of shifts in the timing of certain payments, the deficit grows to $2 7 trillion by 2035