Fiscal Responsibility. US Budget Deficit Falls 2%.
We see what cutting spending does. Also, the Tariffs brought in $118 billion. This included three months of Biden’s term that was a drag down. Remember that this budget was done by the Biden Administration so much of the spending was put in place when Trump came into office.
Compared to Biden. For the 2025 fiscal year’s final month of September, the Treasury reported a record surplus of $198 billion, up $118 billion, or 147%, from the same month in the prior year.
