DiscoverMarkets & Money Today | 2 Min News | The Daily News Now!US Budget Deficit Shrinks: Tariffs, Cuts, and Rising Debt
US Budget Deficit Shrinks: Tariffs, Cuts, and Rising Debt

US Budget Deficit Shrinks: Tariffs, Cuts, and Rising Debt

Update: 2025-10-16
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Budget Deficit Dips! Find out how the U.S. Treasury managed to shrink the annual deficit for the first time since 2022, despite rising costs and ongoing economic pressures. Discover the surprising role of tariffs, record revenues, and drastic cuts to education spending in this financial turnaround, and what it means for the future of Social Security, Medicare, and the national debt.

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US Budget Deficit Shrinks: Tariffs, Cuts, and Rising Debt

US Budget Deficit Shrinks: Tariffs, Cuts, and Rising Debt