It probably won’t surprise you that our federal deficit now exceeds a trillion dollars.
According to numbers released by the Congressional Budget Office, the deficit surpassed the trillion-dollar mark in the first eleven months of the current fiscal year.
To put that in perspective, that’s about $181 billion more than last year’s number.
Source: https://thehill.com/policy/finance/460603-deficit-surpasses-1-trillion-cbo