The US budget deficit shrank to $1.67 trillion for the 2025 calendar year, the smallest in three years, thanks mainly to a ...

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 federal budget deficit totaled $1.7 trillion in Calendar Year (CY) 2025, according to estimates from the Congressional Budget Office (CBO). The deficit in CY 2025 is $369 billion less than the ...

The December budget deficit came in at $144.75 billion, a record for the month and 68 percent higher than last year.

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

Gov. Gavin Newsom’s proposed budget “does not materially address” long-term concerns, a key analyst warned Sacramento ...

California's deficit is projected to reach nearly $18 billion next year, as spending is expected to offset, if not eclipse, ...

In the four months since the Legislature and Gov. Gavin Newsom enacted a new state budget, revenues — primarily from personal income taxes — have outstripped expectations by several billion dollars.

Republicans pushed back against Governor Gavin Newsom's budget, with one state senator calling it "dangerously optimistic." ...

TYNGSBORO — The Select Board has begun 2027 budget planning with the task of eliminating a nearly $2 million deficit. The projected shortfall is largely driven by increases in the cost of health ...