cm0002@literature.cafe to Economics@europe.pubEnglish · 18 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-up17arrow-down10cross-posted to: economics@lemmy.ml
arrow-up17arrow-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.comcm0002@literature.cafe to Economics@europe.pubEnglish · 18 hours agomessage-square0linkfedilinkcross-posted to: economics@lemmy.ml