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U.S. Federal Budget Deficits FY2000-FY2025

The U.S. federal budget deficits from FY2000 through FY2025, including the deficit for FY2025 and the sources of the data.

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Jan 20, 2026
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What were the U.S. federal budget deficits for each fiscal year from 2000 to 2025 according to Treasury and OMB?

A precise, year-by-year accounting of U.S. federal budget deficits from FY2000 through FY2025 exists in official datasets maintained by the U.S. Treasury (Monthly Treasury Statement / Fiscal Data) and...

Jan 27, 2026

How have rising Treasury interest payments affected other discretionary programs in FY2025 budgets?

in FY2025 materially altered the federal budget’s arithmetic by expanding the share of spending devoted to servicing debt and compressing the room for discretionary programs, even as statutory caps an...