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Interest payments eclipsed $1 trillion as federal deficit hit $1.8 trillion in fiscal 2025, CBO says

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 incre......

Source: Washington Examiner

Original URL: https://www.washingtonexaminer.com/policy/finance-and-economy/3842795/interest-payments-1-federal-deficit-hit-1-8-fiscal-2025-cbo/