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Fortune

Jason Ma

U.S. debt interest payments hit $3 billion a day and jumped 8% in fiscal 2026 — faster than total federal spending, revenue and GDP growth

GDP United States Congressional Budget Office Donald Trump Phillip Swagel Scott Bessent

(Credit: Anna Moneymaker/Getty Images)

The federal government’s fiscal year ended last month, and the final tally offered another stark warning about the trajectory of U.S. debt.

According to Treasury Department data released on Friday, the federal budget deficit widened to $1.99 trillion, 12% worse than the $1.78 trillion gap in fiscal 2025.

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