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Deficit Tops $1 Trillion
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Deficit Tops $1 Trillion

  • Benzinga - News
  • Mar 12, 2026
  • Mar 12, 2026 Updated 1 hr ago
  • 0
Trump says a former president had an Iran confession; aides to his predecessors deny recent contact
Trump says a former president had an Iran confession; aides to his predecessors deny recent contact
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Utah woman who wrote a book on grief after husband's death found guilty of murdering him
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Iran: Thousands gather in Tehran for allegiance rally to Mojtaba Khamenei
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Iran warns UAE about possible attack on U.S military 'hideouts', urges citizens to evacuate
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Explosive device thrown near Mamdani’s home was real IED: NYPD
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Blizzard conditions, tornadoes, hail and flooding all from one weekend storm
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Israel and Lebanon are expected to hold direct talks in the coming days
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US Launches Evacuation Flights as Middle East Conflict Escalates
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White House posts 'American justice' video days after Iran school attack

The U.S. budget deficit topped $1T through February, though 12% lower YoY as tariff revenues surged 294% to $151B — surpassing corporate tax receipts for the first time. Net interest on the $39T national debt hit $79B in February alone, ahead of the Supreme Court's tariff ruling appearing in the data.

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US national debt surges past record $39 trillion just weeks into war in Iran

US national debt surges past record $39 trillion just weeks into war in Iran

The Government Accountability Office says rising debt can raise borrowing costs for mortgages and cars. It can also squeeze wages and push up prices. 

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