It's not a surprise. And this is what this indicates here, which is that we are spending in the deficit in FY2026 as we have been in FY 2025. We spent $1.78 trillion more than we collected [in FY 2025]. And we borrowed that money. How do we borrow it? We borrow it by issuing government bonds. Right. People around the world invest in our securities in our federal government. (16:09–16:13)
CLAIM
Asserts that the U.S. spent $1.78 trillion more than it collected in fiscal year 2025.
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