Fox Business

CBO reports $1.8 trillion federal deficit as debt costs hit record $1 trillion

The Congressional Budget Office (CBO) on Wednesday released data showing the federal government ran a $1.8 trillion budget deficit in fiscal year 2025 amid mounting interest costs on the nearly $38 ...
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US Budget Deficit Held Steady at $1.8 Trillion in 2025: CBO

The Congressional Budget Office estimates that the U.S. government’s budget deficit for fiscal year 2025 totaled $1.8 trillion, just $8 billion less than the shortfall for the prior year. If not for ...
MEAWW News

CBO projects $14B economic loss from shutdown as Mike Johnson calls Democrats 'irredeemable'

The CBO warned that the shutdown could hurt economic growth, while Mike Johnson blamed Chuck Schumer and Hakeem Jeffries for ...
Seeking Alpha

U.S. budget deficit narrows slightly to $1.8T in fiscal 2025, CBO estimates

The U.S. federal budget shortfall stood at $1.81T in fiscal-year 2025, the nonpartisan Congressional Budget Office estimated in its monthly budget review released on Monday, narrowing 4% from the ...
IJR

US Budget Deficit Hit $1.8 Trillion In 2025, CBO Reports

The U.S. federal budget deficit hit $1.8 trillion in the fiscal year ending on Sept. 30, the Congressional Budget Office (CBO) reported Wednesday. Moreover, President Donald Trump’s sweeping tariffs ...