Come 2030, the US deficit will be worth 5.9% of GDP—more than spending on Social Security, and equal to major health programs

Come 2030, the annual deficit will be worth roughly 5.9% of GDP, on par with provisions set aside for health and Social Security programs, and well ahead of calls to reduce deficits to 3% of GDP.
Washington Examiner

The federal government booked a $1.8 trillion deficit last year

Federal outlays grew nearly as much, from $6.735 trillion in 2024 to $7.01 trillion in 2025. The main drivers were an additional $294 billion spent on Medicaid, Medicare, and Social Security. Last ...
Washington Examiner

Congress used government funding bill to ‘erase’ $3.4 trillion in deficits

(The Center Square) – Quietly tucked inside Republicans’ funding deal to end the government shutdown is a provision wiping the congressional Pay-As-You-Go (PAYGO) scorecard, effectively forgiving ...
Morningstar

What's at stake for bond investors if the U.S. deficit soars to $3.1 trillion over the next decade

The Congressional Budget Office's latest forecasts are out on the U.S. government's deficit situation - and they don't look very good. An ever-widening U.S. budget deficit over the next 10 years will ...
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The federal government booked a $1.8 trillion deficit last year

President Donald Trump’s first year of his second, nonconsecutive term brought all sorts of changes. His administration shuttered the United States Agency for International Development, had the ...