US Budget Deficit Hits $711 Billion

Posted on by http://wealthcreation.club
BREAKING: The US budget deficit hit a massive $711 BILLION for the first 3 months of Fiscal Year 2025

This is ~$200 billion, or 39%, higher than in the same period last year

The deficit reached $2.0 TRILLION for the full calendar year 2024, up $248 billion YoY.
Also, deficit spending rose from 6.4% to 6.9% GDP in 2024

Such a high percentage has never been seen outside of wars or major economic crises

The US budget deficit is at crisis levels

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#USBudgetDeficit #FiscalYear2025 #EconomicCrisis #DeficitSpending
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