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The U.S. budget deficit surged past the $1 trillion ... According to the GOA, since 2017, the annual spending on net interest payments has more than tripled. To put it in perspective, in fiscal year ...
(Bloomberg) -- The US government’s budget deficit hit its highest since the Covid pandemic years in 2024, propelled by increased debt interest costs and higher Social Security and defense ...
WASHINGTON (AP) — The U.S. budget deficit has grown to more than $1.3 trillion in the first half of the 2025 fiscal year — the second highest six-month deficit on record, according to Treasury ...
The Commerce Department report also showed the United States ... The annual report takes on increased significance this year because of Trump’s conviction that the deficit shows the U.S. is ...