US budget deficit dips in fiscal 2025 on boost from tariffs, education spending cuts
Tomas Kauer, News Moderator 
WASHINGTON – The US budget deficit shrank by $41 billion to $1.775 trillion in the 2025 fiscal year as an increase in revenue from President Donald Trump’s tariffs and cuts to education spending helped offset higher outlays on healthcare and retirement programs and interest on the debt, the Treasury Department said on Thursday. The results […]
