2026-03-16 17:50:32

BREAKING: The US Treasury budget deficit jumped +225% MoM in February, to $308 billion.

Over the first 5 months of FY2026, US deficit is now at $1.00 trillion, the 3rd-worst start to a year in history.

This is only below $1.05 trillion seen in 2021 and $1.15 trillion in 2025.

This comes as government receipts rose +11% YoY, to a record $2.09 trillion.

At the same time, government expenditures increased +2% YoY, to $3.1 trillion, also an all-time high for this period.

Meanwhile, net interest surged +7% YoY, to a record $425 billion.

Deficit spending remains out of control.

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