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

https://mins.news/en/item/92512

- CNN, 2026-10-09 03:30 UTC
- Economy
- Original: https://www.cnn.com/2026/10/08/politics/federal-budget-deficit-two-trillion?Date=20261009&Profile=CNN

> 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.