AI Data Insight
As of November 2025, the US annual fiscal deficit recorded $1.775 trillion, narrowing slightly by 3.1% from the previous figure of $1.832 trillion. Although a recovery in tax revenue brought the deficit size better than some market expectations of $1.9 trillion, the high-interest-rate environment caused government debt interest expenditure to breach the $1 trillion mark and officially surpass defense spending, indicating that structural fiscal concerns remain unresolved.