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Deficit Down, But U.S. Spending Keeps Rising

Deficit Down, But U.S. Spending Keeps Rising

Published 6 months, 3 weeks ago
Description

The U.S. budget deficit totaled $1.8 trillion for fiscal year 2025 — a 4% drop from the previous year but still one of the largest peacetime deficits in U.S. history. Rising spending and growing interest costs continue to weigh on federal finances.

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