The deficit for the first three months of fiscal 2026, which started on Oct 1, 2025, totalled US$602 billion, down US$109 billion Read more at The Business Times.

WASHINGTON (AP) -- The federal government recorded a budget deficit of $23.2 billion in December, smaller than a year ago. But for the first three months of this budget year, the deficit is 7.2 ...

Donald Trump's claim that he cut the federal budget deficit by 27% in one year is false, as there are no credible sources to ...

The US budget deficit shrank to $1.67 trillion for the 2025 calendar year, the smallest in three years, thanks mainly to a record surge in customs revenue. The deficit for the month of December was ...

(Bloomberg) -- The US budget deficit shrank to $1.67 trillion for the 2025 calendar year, the smallest in three years, thanks mainly to a record surge in customs revenue. The deficit for the month of ...

FILE PHOTO: The U.S. Capitol building is seen in Washington, U.S., April 5, 2023. REUTERS/Elizabeth Frantz/File Photo WASHINGTON, United States — Boosts in revenue from taxes and tariffs narrowed the ...