ALERT: US Federal Deficit Hits Record Levels
The US budget deficit has surged to $1.8 trillion in FY2025, according to CBO projections.
This figure now equals 6.0% of GDP, making it one of the largest peacetime deficits in US history — surpassed only by those seen during World War II, the 2008 financial crisis, and the 2020 pandemic.
It is officially the fourth-largest deficit ever recorded, following $3.1T (2020) and $2.8T (2021).
Meanwhile, interest payments on federal debt have increased by $80 billion, crossing the $1 trillion mark annually for the first time.
The US debt burden is reaching critical levels, raising serious concerns about long-term sustainability and potential ripple effects across the global economy.
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