CBO reports $1.8 trillion federal deficit as debt costs hit record $1 trillion

foxbusiness.com/economy/cbo-reports-1-8-trillion-federal-deficit-debt-costs-hit-record-1-trillion

The Congressional Budget Office (CBO) on Wednesday released data showing the federal government ran a $1.8 trillion budget deficit in fiscal year 2025 amid mounting interest costs on the nearly $38 trillion national debt.
The CBO estimated that the shortfall was slightly smaller than the…

This story appeared on foxbusiness.com, 2025-10-10 11:00:17.
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