Quote:
Originally Posted by Peter_Spaeth
lol indeed
per AI we are going the wrong direction
The U.S. federal budget deficit is currently around $1.8 trillion for fiscal year 2025 (October 2024 to September 2025). Compared to six months ago, which would be around April 2025, the deficit was approximately $1.3 trillion. Therefore, the deficit has increased by approximately $500 billion over that six-month period.
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Not sure about this math, although it's hard to tell because they seem to be looking at weird interim periods. So if we look at full federal government fiscal years:
2024 federal deficit (fiscal year ended 9/30/24) was $1.83T.
2025 federal deficit (fiscal year ended 9/30/25) was $1.8T. Down by $0.03T!!!
And if you want to go back, 2023 was $1.7T, 2022 was $1.4T. If you want to look at the heart of the pandemic, 2021 was $2.8T, and 2020 was $3.1T.
So at least compared to the pandemic, things are looking up!