Over the first 11 months of fiscal year 2025, the U.S. federal deficit hit $1.97 trillion 📉, up $156 billion from last year 📊. The projected $1.88 trillion deficit has already been exceeded ⚠️, and the final number may top $2.2 trillion 💣.

In August alone, the government spent $689 billion 💸 and took in $344 billion 💵, running a $345 billion monthly deficit 🕳️.

Significant expenditures included:
🏥 Healthcare: $213 billion
👵 Social Security: $144 billion
💰 Interest on debt: $111 billion

Total debt servicing over 11 months reached $1.12 trillion 💀 — already more than in all of 2024 📅.

This worsening outlook is putting pressure on debt markets 📉. As a result, a potential rate spike 📈 is possible.

$BTC $ETH $DXY #Macro #Economy #USDebt #Crypto