US federal budget deficit jumps 12% in one year to nearly $2 Trillion
The US federal budget deficit for 2026 officially came in Friday at $1.992 trillion, a final tabulation to close out the government
Summary
The US federal budget deficit has surged to nearly $2 trillion for 2026, marking a 12% increase from the previous year. This significant rise highlights ongoing fiscal challenges and the implications for future government spending and economic policy.
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