Dec 10, 2025 · 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 …

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

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 …

See the latest numbers on the national deficit for this fiscal year and how it compares to previous years.

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 …

When the government has a deficit, it borrows money by selling bonds and other securities in order to pay for it, adding to the national debt. A budget surplus, on the other hand, occurs when the …

Dec 16, 2025 · Since Donald Trump returned to the White House in January, the federal deficit has declined by $516 billion on a trailing-12-month basis. Spending is basically flat, but revenue is up a …

Dec 16, 2025 · Bessent Says Deficit Has Dropped by $400 Billion so Far This Fiscal Year Treasury Secretary Scott Bessent touted the Trump administration's progress on reducing the federal budget …

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