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đš ALERT: US Federal Deficit Hits Sky-High Levels! đš
âąThe US budget gap exploded to $1.8 trillion in FY2025, according to CBO projections đđ„
âą This gap now equals 6.0% of GDP, ranking among the largest deficits outside WWII, the 2008 crisis, and the 2020 pandemic đâ ïž
âą Itâs officially the 4th-biggest deficit ever recorded, trailing only the pandemic-era giants: $3.1T (2020) and $2.8T (2021) đžđ
âąInterest payments skyrocketed by $80 billion, topping $1 trillion annually for the first time in history đ°â«
The US debt situation is hitting a new peak, sparking alarms over long-term sustainability and potential ripple effects on the global economy đđ„
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