Comment Comment by hdaz0017 $7.01 trillionA deficit occurs when the federal government’s spending exceeds its revenues. The federal government has spent $1.25 trillion more than it has collected in fiscal year (FY) 2026 - another 1.25 trillion to go for the second half of the year. parent hdaz0017 4 months ago
A deficit occurs when the federal government’s spending exceeds its revenues. The federal government has spent $1.25 trillion more than it has collected in fiscal year (FY) 2026 - another 1.25 trillion to go for the second half of the year.