Bessent’s Treasury has troubling news for every taxpayer
The U.S. Treasury reported a $120 billion budget deficit for June 2026, as national debt levels surpass the size of the national economy.
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The U.S. Treasury reported a $120 billion budget deficit for June 2026, as national debt levels surpass the size of the national economy.
The U.S. federal budget deficit has reached $1.4 trillion for the first nine months of fiscal year 2026, driven by rising interest and entitlement costs.
The United States faces intensifying scrutiny as national debt reaches $39.375 trillion, sparking debate over its role in the nation's economic history.