US Budget Deficit Decreased by 2% in 2025: Details

U.S. Budget Deficit Decreased by 2% in 2025

The U.S. federal government's budget deficit decreased by 2% in the fiscal year 2025 compared to the previous year, reaching $1 trillion 775 billion. This significant data was revealed in the budget balance report for September published by the U.S. Department of the Treasury.

Record Budget Surplus in Fiscal Year 2025

In September of the fiscal year 2025, which started on October 1, 2024, and will end on September 30, 2025, the federal government recorded a budget surplus of $198 billion. In the same period last year, this figure was only $80 billion. This situation underscores improvements in the government's financial management.

Income Increased While Expenditures Decreased

In September, the federal government's revenues increased by 3% compared to the same period last year, reaching $544 billion. On the other hand, expenditures showed a significant decrease of 23%, amounting to $346 billion. This contributed significantly to achieving a positive budget balance.

Record Increase in Customs Duty Revenues

Throughout the fiscal year 2025, customs duty revenues reached record levels, increasing by 153% to $195 billion. The impact of this significant revenue stream on the decrease in the budget deficit cannot be overlooked. The rise in customs duties reflects changes in international trade dynamics and the government's success in tax policies.

Overall Situation in Fiscal Year 2025

In the overall fiscal year 2025, the total budget deficit was determined to be $1 trillion 775 billion. In the fiscal year 2024, this figure was recorded as $1 trillion 817 billion. Thus, the government's revenues increased by 6% compared to the previous year, totaling $5 trillion 235 billion, while expenditures increased by 4% in the same period, reaching $7 trillion 10 billion.