AI Data Insight
Fiscal Year 2025 US federal spending has been officially confirmed to reach $7.01 trillion, a year-over-year increase of 3.84%. This not only sets a historical record but also surpasses the peak seen during the 2021 pandemic relief period. This record high is primarily driven by surging net interest expenses in a high-interest-rate environment and rigid social welfare expenditures, indicating that the US fiscal structure has entered an irreversible stage of high-cost expansion.