US Federal budget deficit for December $-87.0 billion vs. expected $-75.0 billion

• Prior year $-129 billion
• December budget deficit $-87 billion versus $-75 billion expected
• US fiscal 2025 year-to-date deficit $711 billion. That is a record for the first three months of the fiscal year. Last year $510 billion
• December budget outlays $541 billion versus $559 billion in December 2023
• December budget receipts $454 billion versus $429 billion in December 2023

This article was written by Greg Michalowski at www.forexlive.com.