US budget deficit climbs despite record income from Trump's …
WASHINGTON (AP) — The U.S. budget deficit in July climbed 20% this fiscal year compared to the last despite the U.S. taking in record income from President Donald Trump’s tariffs, …
Understanding Deficits: Definition, Types, Risks, and Benefits
Sep 27, 2025 · Learn about deficits: their definition, types like budget and trade deficits, risks, benefits, and impact on national debt. Understand how they affect economies.
DEFICIT Definition & Meaning - Merriam-Webster
The meaning of DEFICIT is deficiency in amount or quality. How to use deficit in a sentence.
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 $ 458 billion more than it has collected in fiscal …
The Current Federal Deficit and Debt
The FY26 deficit through two months is the second largest in the last six years. The debt held by the public is approaching its post-World War II high as a percentage of gross domestic product …
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 …
DEFICIT | English meaning - Cambridge Dictionary
DEFICIT definition: 1. the total amount by which money spent is more than money received, or the state of having spent…. Learn more.
Deficits, Debt, and Interest - Center on Budget and Policy Priorities
Dec 16, 2025 · Deficits (or surpluses), debt, and interest are three central budget concepts. For any given year, the federal budget deficit is the amount of money the federal government …
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.
Deficit Definition & Meaning | Britannica Dictionary
The government is facing a deficit of $3 billion. We will reduce the federal budget deficit. Some economists advocate deficit spending [=spending borrowed money] to boost a slumping …