# US annual budget deficit nears $2 trillion, the largest in five years

https://mins.news/en/item/103620

- Reuters, 2026-10-16 19:10 UTC
- Economy
- Original: https://www.reuters.com/world/us/us-fiscal-2026-budget-deficit-rises-199-trillion-largest-5-years-2026-10-16/?link_source=ta_bluesky_link&taid=6ad2769381b9480001ba5b2a

> 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.

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