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The U.S. deficit dropped 2.2%, but it's still massive
Youtube·2025-10-17 23:30

The US budget deficit ticked slightly lower this year, but it's still massive. The Treasury says the government ran a 1.781.78% trillion shortfall in fiscal 2025, about 41 billion or 2.2% less than last year. What helped.Record-breaking tariff revenue. President Trump's tariffs brought in about 200billion.Thatsamorethan140200 billion. That's a more than 140% jump from 2024, offsetting some of the pain from sky-high interest payments on America's 38 trillion in national debt.In fact, interest costs hit $1.2% trillion, another record, ...