The US is now 6 months into its fiscal year and the total federal deficit is now $1.3 trillion, which is an increase of 23%. At this pace the total federal deficit for the fiscal year is likely to come in around $2.6 trillion.

The US is now 6 months into its fiscal year and the total federal deficit is now $1.3 trillion, which is an increase of 23%. At this pace the total federal deficit for the fiscal year is likely to come in around $2.6 trillion. | @ryanmcmaken https://t.co/xUEYoRqq9J

— Mises Institute (@mises) April 17, 2025