humanspiral@lemmy.ca to Economics@lemmy.ml · 19 hours agoUS deficit to start fiscal year: $404b for october. 50% higher than last year. would annualize close to $5b. Interest alone will be over $1.3T. Last (2026) year's deficit was "just" $2T.www.reuters.comexternal-linkmessage-square0linkfedilinkarrow-up19arrow-down10cross-posted to: Economics@europe.pub
arrow-up19arrow-down1external-linkUS deficit to start fiscal year: $404b for october. 50% higher than last year. would annualize close to $5b. Interest alone will be over $1.3T. Last (2026) year's deficit was "just" $2T.www.reuters.comhumanspiral@lemmy.ca to Economics@lemmy.ml · 19 hours agomessage-square0linkfedilinkcross-posted to: Economics@europe.pub
