But this is news that shows what's possible when Congress exercises fiscal discipline. Even better, it's news that directly affects your family's finances. According to the Congressional Budget Office, the federal deficit fell by 41 billion in fiscal year 2025. That's a 2% reduction. That brought our deficit down to 1.8 trillion. Even more importantly, as a share of our economy, the Deficit declined from 6.3% to 5% of GDP. (00:14–00:22)
CLAIM
Asserts that the federal deficit decreased by $41 billion in fiscal year 2025.
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