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U.S. Deficit Decreases 2.8% to $1.8 Trillion in FY2025, September Ends With $198 Billion Surplus
October 21, 2025
WASHINGTON, Oct. 21 -- Rep. David Schweikert, R-Arizona, chairman of the Joint Economic Committee, issued the following news on Oct. 20, 2025:

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U.S. Deficit Decreases 2.8 Percent to $1.8 Trillion in FY2025, September Ends with $198 Billion Surplus

Today, the Joint Economic Committee released its Monthly Fiscal Update. In FY2025, the nation ended with a $1.78 trillion deficit, $50 billion (2.8 percent) less than FY2024. Leading to the decreased deficit . . .

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