December Deficit Hits a Record $145B as Spending Outpaces Revenue
The United States posted a record December budget deficit of $145 billion as government outlays exceeded receipts, underscoring ongoing fiscal pressures.
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Outlays
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August 2025 Consumer Spending and Income Report Highlights
In August 2025, U.S. personal income rose by 0.4%, with personal consumption expenditures increasing by 0.6%, driven by higher wages, transfer receipts, and spending on goods and services, while the PCE price index increased by 0.3%.