The GOOD NEWS, despite what the local left keeps trying to claim:
The federal government's deficit in fiscal year 2025 was $1.8 trillion—4% lower than last year's after adjusting for timing effects. Revenues increased by 6%, and outlays increased by 3% from fiscal year 2024. The government ran a monthly surplus of $164 billion in September 2025, 105% higher than in September 2024.
The federal government's deficit in fiscal year 2025 was $1.8 trillion—4% lower than last year's after adjusting for timing effects. Revenues increased by 6%, and outlays increased by 3% from fiscal year 2024. The government ran a monthly surplus of $164 billion in September 2025, 105% higher than in September 2024.