The US budget deficit shrank to $1.67 trillion for the 2025 calendar year, the smallest in three years, thanks mainly to a ...

(Bloomberg) -- The US budget deficit declined slightly for the 2025 fiscal year as tariff revenue hit a record high, though the pace of borrowing remains historically elevated at a time of economic ...

WASHINGTON, Oct 16 (Reuters) - The U.S. budget deficit shrank by $41 billion to $1.775 trillion in the 2025 fiscal year as an increase in revenue from President Donald Trump's tariffs and cuts to ...

October deficit impacted by delayed payments due to government shutdown Calendar shift pushed $105 billion in November benefits into October Record customs duties drive revenue increase in October ...