ABD Budget Deficit Reaches $316 Billion in May, Vezir Agency Reports

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U.S. Department of the Treasury Announces May 2025 Budget Balance

The U.S. Department of the Treasury has released its comprehensive budget report for the month of May 2025. The data reveals a significant fiscal development: the federal government recorded a budget deficit of $316 billion in the eighth month of the ongoing fiscal year, which commenced on October 1, 2024 and will conclude on September 30, 2025.

This figure slightly surpasses market forecasts, which estimated a deficit of approximately $314.3 billion. The report highlights a notable increase in revenue generation, with government income rising by 15% to reach $371 billion. Conversely, expenditures also saw a modest uptick, increasing by 2% to total $687 billion during the same period.

One of the key contributors to the revenue surge was the customs duty collection, which amounted to $23 billion. Remarkably, this figure represents a 270% increase compared to May of the previous year, reflecting the impact of President Donald Trump’s tariff policies.

When considering the cumulative figures for the first eight months of the fiscal year, the total budget deficit has reached an imposing $1.4 trillion. As of May, the overall deficit has grown by 14% compared to the same period last year, pushing the cumulative deficit to approximately $1.365 trillion.

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