The US Treasury posted a -$404 billion budget deficit in October, the largest October deficit in history.

This is ominous. https://t.co/wGqNmfy140

— Jeffrey A Tucker (@jeffreytucker) November 13, 2026

In summary: the US is now paying 28 cents of every dollar collected in taxes just for the interest on the national debt (which will hit $41 trillion in 4-6 weeks).

— zerohedge (@zerohedge) November 13, 2026