US budget deficit climbs despite record income from Trump's tariffs ...
WASHINGTON (AP) — The U.S. budget deficit in July climbed 20% this fiscal year compared to the last despite the U.S. taking in record income from President Donald Trump’s tariffs, according to …
Understanding Deficits: Definition, Types, Risks, and Benefits
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 …
DEFICIT Definition & Meaning - Merriam-Webster
The meaning of DEFICIT is deficiency in amount or quality. How to use deficit in a sentence.
National Deficit | U.S. Treasury Fiscal Data
Learn about the national deficit, the difference between budget deficit and debt, and how the deficit has changed over time.
The Current Federal Deficit and Debt
See the latest numbers on the national deficit for this fiscal year and how it compares to previous years.
CBO Estimates $601 Billion Deficit for First Three Months of FY 2026
1 day ago · The United States borrowed $601 billion in the first three months of Fiscal Year (FY) 2026, including $143 billion in December, according to the latest Monthly Budget Review from the …
DEFICIT | English meaning - Cambridge Dictionary
DEFICIT definition: 1. the total amount by which money spent is more than money received, or the state of having spent…. Learn more.
Deficits, Debt, and Interest - Center on Budget and Policy Priorities
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 …
U.S. Trade Deficit Fell to Lowest Level Since 2009 as Tariffs Reshape ...
2 days ago · The monthly trade deficit continued to shrink in October after President Trump imposed sweeping tariffs on imports, the latest data showed.
Deficit Definition & Meaning | Britannica Dictionary
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