U.S. Budget Deficit Widens to $1.99 Trillion in Fiscal 2026
The U.S. budget deficit rose to $1.99 trillion in fiscal 2026, Treasury Department figures reported by Reuters on Friday, Oct. 16, show. The gap widened by $217 billion from $1.78 trillion the prior year. Fiscal 2026 ended Sept. 30. It was the largest shortfall since fiscal 2021’s $2.77 trillion pandemic-relief gap and the third-largest annual
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