BREAKING 🚨
US primary budget deficit hits -3.59% of GDP, deepest among advanced economies 📉.
Interest payments of over $1.1 trillion are excluded, the second‑largest expense after defense. The UK follows at -3.51% of GDP. Belgium, France, Austria and the Euro Area run deficits between -1.40% and -2.14%. The gap highlights rising fiscal strain 💸.
Policymakers must curb the out‑of‑control deficit ⚠️
$PROM, $NIL, $4
US primary budget deficit hits -3.59% of GDP, deepest among advanced economies 📉.
Interest payments of over $1.1 trillion are excluded, the second‑largest expense after defense. The UK follows at -3.51% of GDP. Belgium, France, Austria and the Euro Area run deficits between -1.40% and -2.14%. The gap highlights rising fiscal strain 💸.
Policymakers must curb the out‑of‑control deficit ⚠️
$PROM, $NIL, $4
