US Budget Deficit Decreased, Customs Duties Hit Record High

US Treasury Department Released September Report

The US Treasury Department published the 2025 fiscal year budget balance report. The report includes the results for the month of September for the fiscal year ending on September 30, 2025.

Budget Surplus of 198 Billion Dollars

In the last month of the 2025 fiscal year, the federal government recorded a budget surplus of 198 billion dollars. This figure was 80 billion dollars in the same month of the previous year.

Revenues and Expenditures

In September, the government's total revenues reached 544 billion dollars, an increase of 3 percent compared to the same month last year. On the other hand, expenditures decreased by 23 percent to 346 billion dollars.

Record Customs Duties in Fiscal Year 2025

The total budget deficit of the US federal government in the 2025 fiscal year is estimated at 1 trillion 775 billion dollars. The deficit in the previous fiscal year was 1 trillion 817 billion dollars, indicating a 2 percent decrease in the budget deficit.

Tax Revenues Increased by 6%

The revenues of the US federal government in the 2025 fiscal year increased by 6 percent compared to the previous year, reaching 5 trillion 235 billion dollars, while expenditures rose by 4 percent to 7 trillion 10 billion dollars.

Historic Increase in Customs Duty Revenues

In the 2025 fiscal year, revenues from customs duties increased by 153 percent to 195 billion dollars. This record level played a significant role in the reduction of the budget deficit.