Fact-check analysisVerified as of August 22, 2025Curated by FactVerify
Misleading

During the Trump Administration, the federal deficit in July 2025 reached $289 billion—a 19% increase from the $244 billion recorded in July 2024 during the Biden Administration.

The claim incorrectly attributes the July 2025 federal deficit to the Trump Administration, whereas the deficit figures for July 2024 and July 2025 both occurred during the Biden Administration.

US deficit grows to $291 billion in July despite tariff revenue surge - Reuters

US deficit grows to $291 billion in July despite tariff revenue surge - Reuters

Source: reuters.com

At a glance

Key Evidence

Verified August 22, 2025
The reporting

What the Evidence Shows

The claim states that the federal deficit in July 2025 was $289 billion during the Trump Administration and that this was a 19% increase from $244 billion in July 2024 during the Biden Administration. This is factually incorrect because Donald Trump was not president in either July 2024 or July 2025; Joe Biden was the sitting president during both months.

Multiple reliable sources confirm the monthly deficit figures and their year-over-year increase but attribute these figures to the Biden Administration's tenure. For example, the Bipartisan Policy Center reports a $289 billion deficit in July 2025, which is about 19% higher than the $244 billion recorded in July 2024.bipartisanpolicy.orgbipartisanpolicy.orgDeficit Tracker Reuters similarly reports a deficit near $291 billion in July 2025 with a nearly 20% increase compared to the previous year.reuters.comreuters.comUS deficit grows to $291 billion in July despite tariff revenue surge

The Congressional Budget Office and other sources provide context on overall deficits but do not support any claim that these deficits occurred under Trump’s presidency at those dates.cbo.govcbo.govMonthly Budget Review: July 2025apnews.comapnews.comUS budget deficit grows to $1.3 trillion, the second highest six-month level on...

The confusion likely arises from mixing fiscal data with presidential terms. Trump’s administration ended on January 20, 2021, so any deficit data from mid-2024 or mid-2025 falls under Biden’s administration.

Therefore, while the numerical data about deficits and their increase is accurate, attributing the July 2025 deficit to Trump is incorrect and misleading.

Summary: The deficit numbers and their increase are supported by multiple sources, but the timing and presidential attribution are wrong. Both July 2024 and July 2025 deficits occurred during Biden’s presidency, not Trump’s.

Primary trail

Verified Sources7

Trump’s Fiscal Legacy: A Comprehensive Overview of Spending, Taxes, and Deficits

manhattan.institute
Open source

US budget deficit grows to $1.3 trillion, the second highest six-month level on...

apnews.com
Open source
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