US Budget Deficit Grew to Nearly $2 Trillion — the Highest Since 2021
The US federal budget deficit in fiscal year 2026 reached $1.99 trillion, up 12% and the highest since 2021. Rising spending, record interest payments on the national debt, and customs duty refunds following a Supreme Court ruling outweighed revenue growth. The data was published less than three weeks before the midterm elections.
Dilnoza Rahimova
















