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EconomyUS federal budget deficit neared $2 trillion last fiscal year

The Congressional Budget Office reported that the federal budget deficit rose to nearly $2 trillion in the past fiscal year, driven in part by ballooning interest payments and tariff refunds.

US budgetfederal deficitinterest payments

CCNN★★★☆☆2026-10-09 03:30Original

US federal budget deficit neared $2 trillion last fiscal year
Economy