The US budget deficit ticked slightly lower this year, but it's still massive. The Treasury says the government ran a $1.78% 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 $200 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, ...