2 days ago · The U.S. government posted a $145 billion budget deficit ‌for December, up 67% or $58 billion from a year earlier due to record outlays that were inflated by calendar shifts in benefit …

2 days ago · The explosion of the budget deficit was one of the most worrisome things that happened post-Covid. While inflation peaked in 2022, the deficit kept getting worse because of the "fiscal doom …

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

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 and out of the …

The U.S. Treasury Department released the latest Monthly Treasury Statement on Tuesday, Jan. 13, revealing that the federal deficit reached $602 billion so far in the 2026 fiscal year

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

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, companies, or …

The federal government reported a deficit of $145 billion in the month of December FY26, an increase of $58 billion from the $87 billion deficit recorded in December FY25.

DEFICIT definition: 1. the total amount by which money spent is more than money received, or the state of having spent…. Learn more.

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 throughout our …