CBO reports $1.8 trillion federal deficit as debt costs hit record $1 trillion

The Congressional Budget Office reported a $1.8 trillion federal deficit for fiscal year 2025, driven in part by a record $1 trillion interest costs from servicing the national debt.

Oct 10, 2025 - 17:00
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CBO reports $1.8 trillion federal deficit as debt costs hit record $1 trillion
The Congressional Budget Office reported a $1.8 trillion federal deficit for fiscal year 2025, driven in part by a record $1 trillion interest costs from servicing the national debt.

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