U.S. debt interest payments hit $3 billion a day and jumped 8% in fiscal 2026 — faster than total federal spending, revenue and GDP growth
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The federal government’s fiscal year ended last month, and the final tally offered another stark warning about the trajectory of U.S. debt.
According to Treasury Department data released on Friday, the federal budget deficit widened to $1.99 trillion, 12% worse than the $1.78 trillion gap in fiscal 2025.
That came as revenue increased 3% to $5.4 trillion, lagging behind the 6% bump in spending to $7.4 trillion. Social Security and Medicare were the biggest line items, but in thi
According to Treasury Department data released on Friday, the federal budget deficit widened to $1.99 trillion, 12% worse than the $1.78 trillion gap in fiscal 2025.
That came as revenue increased 3% to $5.4 trillion, lagging behind the 6% bump in spending to $7.4 trillion. Social Security and Medicare were the biggest line items, but in thi
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