EconomyUS annual budget deficit nears $2 trillion, the largest in five years
The US budget deficit climbed by $217 billion to nearly $2 trillion in fiscal 2026, the biggest shortfall in five years, Treasury Department figures showed Friday. Tariff refunds and record interest costs on more than $40 trillion of national debt contributed to the rise.
R
Reuters★★★☆☆2026-10-16 19:10Original
US annual budget deficit nears $2 trillion, the largest in five years
Economy