Date: November 27th, 2025 8:18 AM
Author: AZNgirl Putting Dad in Indian Air Force Jet
BREAKING: The US Treasury posted a $284.4 billion deficit in October, the worst opening month to any fiscal year in history.
This exceeds the previous record of $284.1 billion in October 2020, during the historic pandemic response.
Government spending jumped +18% YoY, to $688.7 billion, bringing the 6-month moving average up to ~$590 billion.
To put this differently, US government expenditures averaged ~$22.5 BILLION per day last month.
The deficit spiral is accelerating at a record pace.
https://x.com/KobeissiLetter/status/1993758315134746854?t=QWkOpQanmCbxCcAB3zGMZA&s=19
(http://www.autoadmit.com/thread.php?thread_id=5803241&forum_id=2Reputation#49465258)