The budgetary situation of the American state has deteriorated since Donald Trump took office. The federal cumulative deficit was at $ 1.3 trillion at the end of March, as the non -partisan “Bipartisan Policy Center” in Washington calculated, which continuously publishes this statistics based on data from the American Ministry of Finance and the Congress. Accordingly, the deficit is 15 percent higher than in the corresponding period of last year when the bidet government was still in office. According to the experts, federal expenditure increased by 7 percent, but state income has only been 3 percent. A budget year always begins in the United States in October, which is particularly important this time: the expenses for the aid programs social security, Medicare, and Medicaid have increased by $ 108 billion, which are $ 57 billion for interest payments. The last point in particular is explosive because it hits a bridge to the recent turbulence on the financial markets as a result of the tariffs announced by Donald Trump and several times. These also recorded the market for American government bonds, where the returns rose relatively strongly in a few days. The higher they are, the more expensive it is for the American state to make new debts or to refinance existing ones. In March, the budget deficit was $ 10 billion larger than in March 2024. The latter also includes $ 3 billion in increased revenue for tariffs against China, Hong Kong, Canada and Mexico. The high state deficit also makes a highlight of what Trump wants to achieve with the tariffs: high new income. Trump said in return he wanted to reduce taxes for many Americans. In fact, the budget situation is so tense that he needs it primarily to reduce the deficit. The United States is not only the largest, but now also one of the highest indebted economies in the world. For years, the state in particular has spent more money than it takes without a trend reversal – not even now.
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