Spent. Collected. Borrowed.
Washington borrowed 29 cents of every dollar it spent this fiscal year. Spending has outrun revenue every year since 2001, under both parties. The gap is the deficit, and the deficits pile into the debt. It doubled from $20 trillion to $40 trillion between 2017 and 2026.
FY2026, October through July. Treasury Monthly Statement, Table 1. Same point last year: $1,775,369,189,818 borrowed.