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Category U.S. deficit
US Government To Borrow $1,000,000,000,000 in Q3 As Deficit Widens and Debt Servicing Costs Shatter 11-Year High: Treasury Estimate
The US government is dramatically raising its expectations on how much capital it needs to borrow this quarter amid a growing fiscal deficit and dw...
Aug, 04, 2023
2 min read
by The Daily Hodl
US Deficit Explodes, Surpassing $1,390,000,000,000 As Government Spending Outpaces Revenue: Treasury Department
The US government’s spending is now exceeding its revenues by over a trillion dollars just eight months into the current fiscal year. The data come...
Jul, 20, 2023
2 min read
by The Daily Hodl
$246,000,000,000 Added to US Debt in 13 Days As CBO Warns Fiscal Hole Could Hammer America’s Growth
The total amount of US debt is climbing at a rapid rate. After crossing the $32 trillion mark on June 15th, the amount of outstanding American debt...
Jul, 01, 2023
2 min read
by The Daily Hodl