5 trends tracked about this subject — the full history, oldest to newest below.
An MIT expert warns that the U.S. is focusing on the wrong questions regarding its $40 trillion national debt and rising interest expenses.
The U.S. federal budget deficit is projected to exceed $2 trillion this fiscal year as government spending continues to outpace revenue.
The US Treasury is now spending $3 billion every day on national debt interest as the 2026 budget deficit continues to climb.
A surge in tariff refunds has pushed the US June 2026 budget deficit to $120 billion, contributing to a national debt now exceeding the US economy.
New federal data reveals the U.S. budget deficit has reached $1.4 trillion during the first nine months of fiscal year 2026.