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Federal budget

1 check on the record, newest first.

Verdict mix: 1 Misleading

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Published record

1 reviewed check

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Federal Budget

"With the help of tariffs, we have cut the federal budget deficit by a staggering 27% in a single year."

Verdict: Misleading
On a fiscal-year basis the deficit fell about 2.3%, from $1.82 trillion in FY2024 to $1.78 trillion in FY2025 - not 27%. The larger number comes from comparing a cherry-picked window of calendar months, and CBO projects FY2026 will end higher than FY2025.FactCheck.org, CBO, U.S. Treasury · Feb 19, 2026
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