In the fiscal year that ended at the end of September, the federal government spent $4.4 trillion while taking in just $3.5 trillion in revenue, leaving a budget deficit that's 26% higher than the year before. Here's what to know about the national debt.

In the fiscal year that ended at the end of September, the federal government spent $4.4 trillion while taking in just $3.5 trillion in revenue, leaving a budget deficit that's 26% higher than the year before. Here's what to know about the national debt. https://t.co/sdzEUdR86i

— Council on Foreign Relations (@CFR_org) November 6, 2019