$1.8 Trillion Deficit Revealed During ‘Pointless And Wasteful Government Shutdown,’ Budget Watchdog Says

Article Synopsis

The Committee for a Responsible Federal Budget called the recent government shutdown “pointless and wasteful” as the U.S. deficit hit $1.8 trillion for 2025. With debt nearing $37.8 trillion, the group warned borrowing could soon reach record highs and urged Congress to reinstate spending caps and create a fiscal commission. CRFB’s Maya MacGuineas and investor Ray Dalio both cautioned that unchecked debt threatens America’s long-term stability—while gold’s record surge signals waning faith in fiat currencies.

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