America’s budget deficit hits $1.8 trillion, third largest in history

America’s budget deficit hit a massive $1.8 trillion in 2024, making it the third largest deficit in U.S. history. This figure, confirmed by the Treasury Department, represents an increase of over 8% from last year. Despite a surplus of $64.3 billion in September, the year still closed with a total shortfall of $1.833 trillion. That’s