Federal Deficit Declines To $1.78 Trillion In FY2025 As September Ends With $198 Billion Surplus - AZ FREE NEWS
By Ethan Faverino | The U.S. Treasury and the Joint Economic Committee released the Monthly Fiscal Update last week, highlighting a 2.8% reduction in the federal deficit for Fiscal Year 2025 (FY2025), totaling $1.776 trillion compared to $1.828 trillion in FY2024. The decrease was driven by...