US Fiscal Deficit Reaches $1.8 Trillion Amid Shutdown and Rising Debt Costs

The Committee for a Responsible Federal Budget criticizes the recent government shutdown as wasteful and reports a $1.8 trillion deficit for 2025, highlighting concerns over unsustainable borrowing, long-term entitlement insolvencies, and the need for bipartisan fiscal reforms to prevent the U.S. from losing its global standing.