France deficit

 I will mention France more, because they are similar to the US in some ways financially, but they are in worse shape.  The GDP of France was 2.9 trillion euros in 2024 (source 1, source 2), which is about $3.2 trillion.  (I don't know why there are 2 different but very similar numbers and I don't know if a date of 2025-01-01 means the first quarter of 2025 or the 4th quarter of 2024.  I assume it means the first quarter of 2025).  So the French GDP is about 1/10th of the US and they have about 1/5 of the population.  

Here are the monthly deficit figures this year (in euros).  Source.

Jan 2025: 17.3
Feb 2025: 40.3 billion
March 2025: 47 billion
April 2025: 69.3 billion
May 2025: 94 billion
Total YTD thru May: 267.9 billion

Now multiply that by 10 to get the equivalent impact to a US deficit.  What if the US had a $2.7 trillion deficit YTD (instead it is about $1.3 trillion). Or what if the US had a $940 billion deficit in May 2025. So now you see why it is so bad.  

How much longer can this situation continue before France blows up fiscally?  If their national debt is about $2.7 trillion, and it increases by $500 billion per year, it would reach 150% of GDP in about 4 years, call it 2029.  What would happen at that point, just a wild guess?  Either the EU or the IMF would have to bail them out (and impose very unpopular austerity measures), or they would have to leave the EU and form their own currency.

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Here is a website (in French only) about the French budget, and it is too bad I can't read French but Google can automatically translate.

https://www.budget.gouv.fr/

If you click on "Documentation budgetaire" (in green near the bottom on the left), it brings up a list of documents to download, with some in .xlsx or .ods format.  But I don't see anything with actual numbers on it.