Interest Payments Eclipsed $1 Trillion as Federal Deficit Hit $1.8 Trillion in Fiscal 2025, CBO Says
9th October 2025
The Congressional Budget Office estimated Wednesday that the federal budget deficit for fiscal 2025 was $1.8 trillion as interest payments crossed $1 trillion for the first time.
That $1.8 trillion number is $8 billion less than what was recorded in fiscal 2024. Tax revenue increased by just over $300 billion, but spending also increased by about the same amount, according to the CBO.
There’s the whole problem in a nutshell. The accompanying graph demonstrates that the Party of Free Stuff is doing its best to bankrupt the country in its quest to buy the votes of the underclass.