Fiscal Policy
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Economy
US Budget Deficit Rises 12% to Nearly $2 Trillion
DID Press: US Department of the Treasury has reported a 12% increase in the federal budget deficit in the 2026 fiscal year, bringing the shortfall to nearly $2 trillion. According to the Treasury Department’s figures reported by Reuters, the deficit…
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Economy
US National Debt Surpasses $40 Trillion for First Time
DID Press: United States’ national debt has surpassed $40 trillion for the first time, reaching an unprecedented level and intensifying concerns over the country’s fiscal position and the growing cost of servicing government debt. The U.S. national debt has more…
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Economy
US Debt Interest Costs Hit 5-Decade High
DID Press: The cost of servicing the United States’ public debt has reached about 3.2 percent of gross domestic product (GDP), marking the highest level since the 1970s and placing growing pressure on the federal budget. New data shows that…
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