The gap between government revenue and spending has narrowed for four straight months, helped by President Donald Trump’s tariffs and major cuts in spending on education and other departments.
Data disclosed Wednesday by the Treasury Department showed the federal government spent $30 billion more in January than it brought in. That compares with the gap of $82 billion notched in January 2025.
The gaps between spending and income for December, November, and October also declined relative to the year-earlier months, shrinking by 11%, 6%, and 29%, respectively. All the numbers are adjusted to account for any payment or receipt falling on a holiday or weekend.
The fiscal situation in the U.S. has improved as more money has come in through tariffs, while tax revenue has increased thanks to higher individual wage growth. At the same time, the Trump administration has slashed funding for key agencies.
The U.S. brought in 12% more cash so far this fiscal year than at this time a year ago, while outlays have grown by only 1%. The fiscal year started in October.
And there you have it. The Republicans routinely run record deficits, with Trump holding the all time records, while GOP cultists pretend they are the solution, when they are the problem.
The madness continues. More spending, massive tax cuts for fatcats, and soaring deficits. Duh.
Deficits shrinking, jobs (and unemployment) improving:
And you are going to sit there and gaslight us that republican policies are bad for the economy? LOL!
As we come off the worst jobs year in the modern era (Trump’s devastating recession year excluded) we have Trump cultists crowing about his jobs record.
You ask why you are known as a cultist? Because you say things like that. You toss reality out the window and just worship the swine.
Getting us out of the Biden depression was never going to be like flipping a switch. Even more good news:
US Core CPI Tumbles To Slowest In 4 Years; Real Wage Growth Surges<!-- --> | ZeroHedge
ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zerowww.zerohedge.com
Inflation down, wages up. The "cultists" here are people like you who ignore the fact that the economy is taking off like a rocket now that the Biden hangover is over.
The usual Orwellian winger take. Biden inherited Trump’s disastrous recession, turned it around, left Trump a relentlessly growing economy, and here you are claiming that the opposite happened.
Deplorable!

are you complaining the $38 trillion, or celebrating it?This is how the big boys do business. Now go cry libs.
Biden inherited the left's fake (covid) recession and "turned it around" by dint of the pandemic ending. Have you seen the negative revisions to Biden's jobs "juggernaut?"
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Now that the decks are cleared of the Biden economic legacy and Trump's policies are finally taking hold, the economic data is, well, gangbusters.
What is "deplorable" is your effort to gaslight that fact away...
The role of Covid is not germane to your lies. Trump left behind an economic nightmare and that was completely turned around under Biden, who left behind for Trump a relentlessly growing economy. You simply lie and claim the opposite happened.
The real lie here is that "the role of Covid is not germane."
You follow up your last lie with a “bonus lie” about what I said. As you know, I did not say “Covid is not germane.” I did say it’s not germane to your last lie about the economy left behind by Biden after he inherited Trump’s economic nightmare. Knowing that, you evade what I actually said and tell a new lie.
Trump's "economic nightmare" was Covid - or rather the silly sh*t you clowns made everyone do that destroyed economic activity for the better part of a year.
You are free to contend that Trump handled the Covid epidemic competently, even though he botched it in every way imaginable, but that wasn’t my point. The point is that you pretend that Trump is improving a poor economy that was bequeathed to him, when he inherited a relentlessly growing economy after Biden helped us crawl out of the hole that Trump left behind.
In other words, your post is the opposite of reality. As always.
He tried to handle it correctly, but the relentless fear mongering by the left, writ large by the mainstream media, made the "let it run its course" approach impossible. Need I remind you of the Swedish approach that resulted in the lowest all cause mortality in Europe? So the economy wasn't destroyed in 2019 by Trump, it was destroyed by the hysteria ginned up by the covidiots on the left.
Anyway, on to the present day - and LOL on the Biden "relentlessly growing economy" that was so good he was unable to run for reelection, as every POTUS before him who had a great economy to run on, well, won on. So, in fact, it is YOUR post that is the "opposite of reality."
Oh, so Trump “tried.” You’re so pathetic.
BTW, economic conditions are measured by objective economic metrics, not the outcome of elections.
Just so you know.
You yourself have excoriated him repeatedly for downplaying the threat it presented. THAT makes you "pathetic."
We all know that you credit Biden for the "extraordinary growth" which was simply the result of lifting the idiotic lockdowns you yourself supported, while simultaneously excusing him from any blame for the inflation he unleashed by passing a five trillion $ spending bill after the trillions spent to keep people compliant while the lefty state and local governments locked down the economy to enable them to pass "special" election rules that provided them the wherewithal to create millions of fake votes for Biden.