JUST IN ⚡

U.S. deficit climbs to $14.18 trillion despite low unemployment ⚡

Since 2020 the shortfall has ballooned to a record $14.18 trillion. FY2026’s first 11 months added $1.97 trillion, the third‑largest seasonal total. The 7‑year average jobless rate slipped to 4.7 %. Higher spending and rising interest costs sustain the gap even without a downturn.

Deficit trends now dominate policy debates 🔔

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