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5:41
Fox Business
Megan Henney
US deficit soared in January amid new COVID-19 relief spending, CBO says
The U.S. budget deficit soared in January as Congress approved another massive coronavirus relief bill that sent direct aid to Americans still reeling from the pandemic, the Congressional Budget Office said this week.
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US Deficit Drop: Exploring the Numbers Recent data shows the US federal deficit is down $600 billion year-to-date as of December 2025, compared to last year. White House adviser Kevin Hassett notes monthly surpluses amid 4% GDP growth, crediting factors like tariffs for revenue boosts. This shift invites curiosity about economic dynamics, with varied perspectives on its longevity. What might this mean for future fiscal health? #Economy #Deficit #GDP #Finance #Analysis | Nation Nexus.US News
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America’s deficit is climbing—$1.9 trillion so far this fiscal year. Earlier this week, we updated our deficit tracker. You can explore all the latest insights on spending, revenue, and what’s driving the numbers. Find it here: https://ow.ly/IHvx50WZCUS #DeficitTracker #FiscalPolicy | Bipartisan Policy Center
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