Federal Deficits

$5,757 Borrowed Per Person for 2024
 Everyone got benefits, but some got more benefits than others.
 

Related Sites       Debt      Inflation      Unemployment    

2025-26 Deficit Analysis    Trump's 2025 Economy         5/2/25
 

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A Third Deficit Crisis?

A Few Reasonable Deficits Needed

Then Biden Decided to Spend

 		 

  

A Few Reasonable Deficits Needed

Twice this Century,
the US Made Major Additions to Federal Debt.
 Will 2025-6 Federal Budget Again Create Major Deficit Issue #3?

FED was doing well managing shocks 1& 2
 

Then Biden Decided to Spend

Deficit 2025-26

DOGE Didn't Help

Clinton Last President to Balance Budget

  


Trump Lowered Taxes for everyone

Not Extending 2017 Law Means
Many May Pay MORE Personal Income Taxes
Corporate Tax Decrease Continues