"US Spending Surge: $4.1 Trillion Deficit Warning | Record Treasury Auction

Today’s big headline from Washington — U.S. government spending is once again in the spotlight. According to the Congressional Budget Office, the recently passed One Big Beautiful Bill could add $4.1 trillion to the national deficit over the next decade. Meanwhile, the Treasury Department has announced a record $100 billion auction of 4-week Treasury bills.

In May and June 2025, federal spending was $142 billion higher compared to the same period last year — one of the largest year-over-year increases in recent history.
Is this level of spending sustainable? Find out in our full report.

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