What Is Deficit Day? — September 22, 2025
Join Antony Davies, director of economic research at CFC, as he looks at the relationship between the national debt and inflation.
Sources:
Sources:
- Total Federal Outlays (MTSO133FMS) | FRED | St. Louis Fed
- Total Federal Receipts (MTSR133FMS) | FRED | St. Louis Fed
- https://www.cbo.gov/system/files/2025-01/51118-2025-01-Budget-Projections.xlsx
- Country List Government Debt to GDP
Contact the Economic & Market Watch team at economicresearch@nrucfc.coop. Visit us, download the dashboard and intelligence brief and explore other Solutions media on our website, nrucfc.coop/Solutions.
Creators and Guests

Host
Antony Davies
Antony Davies is director of economic research at CFC. Visit his full bio at https://www.nrucfc.coop/content/solutions/en/author/antony-davies.html for more.
