Zooming out and looking over the history of the budget back to 2016 shows a more complete picture. The change since Covid is quite dramatic. In 2019, the deficit was $1.02T. In 2025, it was $1.66T.

The U.S. government reported a $145 billion budget deficit for December, a 67% increase from the previous year. The rise is ...

The U.S. government posted a $145 billion budget deficit ‌for December, up 67% or $58 billion from a year earlier due to ...

Customs duties from tariffs were $28B in December, down from $30.8B in November and the lowest since July. The haul from the ...

Another challenge is that fraud is not easy to root out entirely. Historically, "only a small percentage of tax dollars lost to fraud are ever actually recovered by the government," said Bob ...

United States President Donald Trump has claimed that unearthing and ending fraud nationwide would eliminate the country’s ...