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Started By
Message
U.S. budget deficit edged lower in 2025
Posted on 10/16/25 at 3:20 pm
Posted on 10/16/25 at 3:20 pm
LINK
quote:
The U.S. budget deficit edged lower for 2025 as record-setting tariff collections helped offset what also were unprecedented numbers for payments on the spiraling national debt, the Treasury Department announced Thursday.
3
Posted on 10/16/25 at 3:24 pm to Jjdoc
quote:
In a year marked by a bruising trade war and high financing costs, the federal government managed to escape with a $1.78 trillion shortfall, some $41 billion, or 2.2%, less than in fiscal 2024.
So we’re still hemorrhaging, just 2.2% less?
Why is this even newsworthy, except to say that the Feds are still spending 97.8% as much as they did last year? That’s the headline.
This post was edited on 10/16/25 at 3:25 pm
Posted on 10/16/25 at 3:28 pm to TerryDawg03
It's still an improvement
What is killing us is we let it get to the point where the interest to service the interest on the debt is such a huge line item in the budget
What is killing us is we let it get to the point where the interest to service the interest on the debt is such a huge line item in the budget
Posted on 10/16/25 at 3:32 pm to Jjdoc
Baby steps. I don't want to poo poo progress but we have a major spending problem when we're celebrating a 1.80 trillion dollar annual deficit as an accomplishment. Shame on us for ever letting it get to this point.
Posted on 10/16/25 at 3:33 pm to Jjdoc
Posted on 10/16/25 at 3:36 pm to TerryDawg03
quote:
So we’re still hemorrhaging, just 2.2% less?
Why is this even newsworthy, except to say that the Feds are still spending 97.8% as much as they did last year? That’s the headline.
So fiscal year of 2025 is October 2024-Sept2025
The first 4 months are Bidens term and the last 8 are Trumps term.
We are actually netting about 300-400B more Feb-Sept2025 compared to the same time frame last year.
Posted on 10/16/25 at 3:50 pm to TigerMan327
None of that matters - why? Epstein!
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