Sep 27, 2025 · A deficit is a financial situation where expenses exceed revenues, imports exceed exports, or liabilities exceed assets, often leading to increased debt for governments, …

Learn about the national deficit, the difference between budget deficit and debt, and how the deficit has changed over time.

DEFICIT definition: 1. the total amount by which money spent is more than money received, or the state of having spent…. Learn more.

The meaning of DEFICIT is deficiency in amount or quality. How to use deficit in a sentence.

Oct 20, 2025 · In FY2025, the nation ended with a $1.78 trillion deficit, $50 billion (2.8 percent) less than FY2024. Leading to the decreased deficit impact was the record-setting tariff …

Oct 16, 2025 · The U.S. budget deficit edged lower for 2025 as record-setting tariff collections helped offset what also were unprecedented numbers for payments on the spiraling national …

Deficit definition: the amount by which a sum of money falls short of the required amount.. See examples of DEFICIT used in a sentence.

Dec 8, 2023 · A deficit is a financial imbalance that happens when debt, expenses or liabilities are greater than revenue, income or assets. The term can also refer to a trade imbalance in which …

A deficit is the amount by which something is less than what is required or expected, especially the amount by which the total money received is less than the total money spent.

See the latest numbers on the national deficit for this fiscal year and how it compares to previous years.