"Despite concerns from debt hawks:🚨US govt is continuing to borrow: for the fiscal year of 2026 so far, the fed #deficit: totaled just under $1.4T.
The 1st 9 months of this fiscal year (beg in Oct)🚨have now surpassed the borrowing levels of 2025, when deficits totaled just >$1.3T for the same period.
At the time of writing, the total US nat #debt sits at $39.4T."
Why the #economy isn't in a #recession, yet *dangerous & unsustainable.
#Trump's set🔥to everything.
#USPol
https://finance.yahoo.com/economy/policy/articles/u-treasury-borrowed-155-billion-103613516.html