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Dagen McDowell: U.S. annual deficit reaches $2.3 trillion outside recession

Dagen McDowell: U.S. annual deficit reaches $2.3 trillion outside recession
U.S. deficit hits $2.3 trillion

Dagen McDowell, industry influencer, draws attention to the current budget situation in the U.S., highlighting a $2.3 trillion annualized deficit even though the country is not in a recession.

McDowell also states that the U.S. is paying more than $103 billion each month in interest on the national debt, which she notes exceeds spending on Medicare and defense.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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