Trump Administration Runs Third-Largest Federal Budget Deficit in History
The Trump administration has posted the third-largest federal budget deficit in U.S. history, adding to what a Telegram post calls a stack of unmet fiscal pledges.
New fiscal data highlighted in the post show the current administration’s deficit is now the third-largest in U.S. history. That places it among the widest federal budget gaps on record.
Spending cuts, DOGE, and tariff-based budget fixes are described in the post as added to a growing list of unmet commitments in Washington, D.C. The commentary points to a broader pattern of fiscal promises that have not been kept.
Source: FXStreet Forex News