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🇺🇸 The U.S. budget deficit has hit its highest level in 5 years.
Washington spent a record $7.4 trillion over the past year but brought in only $5.4 trillion. That's a nearly $2 trillion hole, $217 billion bigger than last year.
And here's the crazy part. Just paying interest on the national debt now costs $1.36 trillion a year. Not paying off the debt, just paying for what it already owes.
Trump's tariffs didn't help either. After the Supreme Court struck down a big chunk of them, the government refunded $145 billion, cutting into its tariff revenue.
Defense spending also climbed to $917 billion, though officials aren't sure how much of that increase came from the Iran war.
The national debt has already crossed $40 trillion.
And somehow, Washington keeps finding new ways to spend money it doesn't have.
Source: Reuters / Writer: Daniyal
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🦋匕工êれ 丹れムモㄥ🦋 @TKS8798 ·
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Washington spending money they don’t have is the only true bipartisan tradition left in America. 💸 Chronically overspending by $2 trillion a year while just the interest costs more than the defense budget is a wild strategy. The debt clock isn't just ticking anymore; it's sprinting.
