US budget deficit in May reached $ 316 billion

In May, the US government went further into the red ink, and the debt and the deficit will deteriorate, the Ministry of Finance reports on Wednesday.

After the short -term surplus launched in April due to the revenues of the tax season, the deficit amounted to just over $ 316 billion a month, making a total amount up to 1.36 trillion.

The annual count was 14% higher than a year ago, although the total amount of May 2025 was 9% less than in the deficiency of May 2024.

Increasing financing costs again became the main participant in financial issues, with a $ 36.2 trillion debt. Interest costs on the network exceeded all other costs except Medicare and Social Security. It is expected that the financing of debt for this financial year will be above 1.2 trillion. Dollars, which is $ 776 billion in the first eight months of the financial year.

Tax income was not a problem. The receipts increased by 15% in May and increased 6% more than a year ago. Costs increased by 2% a month and increased 8% more than a year ago.

Tariff collections also helped compensate for the shortage. Gross customs duties amounted to $ 23 billion a month, compared to $ 6 compared to the same month ago. During the year of the gross tariff collection amounted to $ 86 billion, which is 59% compared to the same period in 2024.

However, the yield was higher. After diving last summer, in September, they appeared in the direct confrontation between the federal reserve rate, decreased at the beginning of the year, and then rose again after President Donald Trump’s tariff statement on April 2. The 10-year Treasury Yields virtually unchanged compared to the year about 4.4%.

In recent weeks, leaders Wall -Rate, including Jpmorgan chase CEO Jamie Dimon. Black CEO Larry Fink and Bridgewater Associates’ Ray Dalio warned about the shocks that can go with the rigid debt load. Currently, the deficit is more than 6% of the gross domestic product, which is virtually unheard of the US peacetime.