Follow the real-time increase in the United States federal budget deficit.
Federal budget
Federal budget deficit
Balance of federal government expenses and revenues in FY 2025
$ 1,9 trillion projected for FY 2025. The deficit is already 23% higher at the end of April (after 7 months of fiscal year 2025) than the same time last year.
FEDERAL BUDGET DEFICIT/GDP
Ratio budget deficit to Gross domestic product in FY 2025
0
.5%
The ratio is projected to increase to 7% by 2026. The deficits have averaged 3.8% over the past 50 years.
LAST BUDGET SURPLUS
24 years of running deficits
0
In the last 50 years, the federal government budget has run a surplus four times, most recently in 1998, 1999, 2000, 2001 under the Clinton administration.
Sources : U.S. Department of the Treasury, Congressional Budget Office (CBO), U.S. Congress, OECD.