The federal budget deficit totaled $2.0 trillion [actually $1.989 trillion] in the first 11 months of fiscal year 2025, the Congressional Budget Office estimates. That amount is $92 billion more than the deficit recorded during the same period last fiscal year.
The deficit in August 2025 was $360 billion, CBO estimates—$20 billion (or 5 percent) less than the amount recorded in August 2024.
Net interest for August was $95 billion (942 - 847).
Spending for Social Security benefits rose by $111 billion (or 8 percent) (compared to the same 11 month period last fiscal year).
The Federal Reserve had a deficit of $2.5 billion for the month (as of 8/27/25) for a cumulative deficit of $240.6 billion.
The debt to the public was $29.969 trillion as of 8/29/25, compared to $28.168 trillion as of 8/30/24, so it increased 6.4% over the last 12 months.
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