Nonpartisan · No paywall · Every figure cited
The Daily Ledger Federal money, in plain English
National debt$40.55T FY2026 deficit$1.97T Debt per resident$118,268 FY2026 receipts$4.85T FY2026 outlays$6.81T Interest on the debt, FY2026≈$1.02T Figures as of October 28, 2026 · Sourced from U.S. Treasury data

What’s inside each issue

Every morning

The three numbers

The deficit, the debt, and debt per resident — updated from the latest Treasury releases, with what moved and why.

Every morning

One explainer

A single budget concept, untangled in plain English: mandatory vs. discretionary, trust funds, net interest, and more.

Every morning

The Daily Number recap

The most interesting day in Treasury cash flow — and what it actually tells us.

Every morning

Check our work

Every figure links to its Treasury source. If we get something wrong, the correction leads the next issue.