国会预算办公室：2025年7月月度预算审查报告（英文版）

The change in the deficit was influenced by the timing of outlays. Fiscal year 2024 outlays were reduced because payments that were due on October 1, 2023, a Sunday, were shifted into the prior fiscal year. (Those payments were made in September 2023.) If not for that shift, the deficit so far this fiscal year would have been $37 billion (or 2 percent) more than the shortfall at this point last year. In January 2025, CBO projected that the deficit for fiscal year 2025 would be $1.9 trillion.1