US debt interest costs hit $3 billion a day and jumped 8% in 2026-faster than spending, revenue, GDP

Business

Us Debt Interest Costs Hit $3 Billion A Day And Jumped 8% In 2026-Faster Than Spending, Revenue, Gdp

By Fortune

According to Treasury Department data released on Friday, the federal budget deficit widened to $1.99 trillion, 12% worse than the $1.78 trillion gap in fiscal 2025. That came as revenue increased 3% to $5.4 trillion, lagging behind the 6% bump in sp ...Read more