The United States recorded record revenue of $5.4 trillion in fiscal year 2026. However, it still had a deficit of $1.99 trillion.
Spending reached a record $7.4 trillion, up 6%, while revenue rose by just 3%, according to Treasury Department data.
This is the largest deficit since 2021, representing about 6.2% of GDP.
Interest on the debt alone reached a record $1.36 trillion, up 12% in just one year.
That means more than $3.7 billion a day just to pay interest.
The total U.S. debt has now exceeded $40 trillion.
#CelestiaRises16%To2026High #NasdaqDowWeeklyGapWidestSinceJuly2002
Spending reached a record $7.4 trillion, up 6%, while revenue rose by just 3%, according to Treasury Department data.
This is the largest deficit since 2021, representing about 6.2% of GDP.
Interest on the debt alone reached a record $1.36 trillion, up 12% in just one year.
That means more than $3.7 billion a day just to pay interest.
The total U.S. debt has now exceeded $40 trillion.
#CelestiaRises16%To2026High #NasdaqDowWeeklyGapWidestSinceJuly2002