⚠️US budget deficit hit $838 billion in the first 4 months of the Fiscal Year 2025

The US government continues spend like a drunken sailor

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Global Markets Investor
February 11, 2025

The United States borrowed $838 billion in the first 4 months of Fiscal Year 2025, or a whopping $7 billion a day, according to the CBO monthly budget review.

This is $306 billion higher than the corresponding period last year.

This was driven by government outlays which rose $317 billion from the previous year.

At the same time, revenues increased by just $11 billion.

The US government has a spending problem.

You can find a comprehensive analysis of the US public debt in the below piece:

How dangerous the US debt crisis has become? Part 1/2

The US government is spending as if the economy is in a recession. What are the consequences for ordinary people, taxpayers, savers, and investors?

globalmarketsinvestor.beehiiv.com/p/how-dangerous-the-us-debt-crisis

⚠️CHART OF THE WEEK: US interest payments on public debt will rise by at least another $100 billion in 2025

The US Government needs lower interest rates more than anyone.

globalmarketsinvestor.beehiiv.com/p/chart-of-the-week-us-interest-payments

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