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  1. 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 $ more than it has collected in fiscal year (FY) , …

  2. Deficit Tracker - Bipartisan Policy Center

    Dec 10, 2025 · Each year’s deficit adds to the already enormous national debt, with interest costs driving further spending growth. The annual deficit is the product of numerous cash flows into …

  3. Understanding Deficits: Definition, Types, Risks, and Benefits

    Sep 27, 2025 · A deficit is a financial situation where expenses exceed revenues, imports exceed exports, or liabilities exceed assets, often leading to increased debt for governments, …

  4. CBO Estimates $601 Billion Deficit for First Three Months of FY 2026

    1 day ago · The United States borrowed $601 billion in the first three months of Fiscal Year (FY) 2026, including $143 billion in December, according to the latest Monthly Budget Review from …

  5. The Current Federal Deficit and Debt

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

  6. Deficits, Debt, and Interest - Center on Budget and Policy Priorities

    Dec 16, 2025 · The deficit drives the amount of money the government must borrow in any single year, while the debt is the cumulative amount of money the government has borrowed …

  7. DEFICIT Definition & Meaning - Merriam-Webster

    The meaning of DEFICIT is deficiency in amount or quality. How to use deficit in a sentence.

  8. U.S. Trade Deficit Fell to Lowest Level Since 2009 as Tariffs …

    2 days ago · The monthly trade deficit continued to shrink in October after President Trump imposed sweeping tariffs on imports, the latest data showed.

  9. The Federal Budget in Fiscal Year 2024: An Infographic

    Mar 20, 2025 · The federal deficit in 2024 was $1.8 trillion, equal to 6.4 percent of gross domestic product.

  10. US Fiscal Deficit by Year (2001–2025): Key Insights and Trends

    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.