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

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

Nov 10, 2025 · In fiscal year 2025, which ended on September 30, the federal budget deficit totaled $1.8 trillion—a decrease of $41 billion (or 2 percent) from the shortfall recorded in the previous year.

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 …

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 …

Interactive monthly chart and 45 years of historical data from 1980 to 2025.

Nov 11, 2025 · As a share of the economy, the FY 2025 deficit totaled 5.9%, which is more than 1.5 times the 50-year historical average and nearly double the 3% deficit target needed to stabilize the …

The meaning of DEFICIT is deficiency in amount or quality. How to use deficit in a sentence.

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

DEFICIT meaning: 1 : an amount (such as an amount of money) that is less than the amount that is needed; 2 : the amount by which a person or team is behind in a game or contest