U.S. Budget Deficit Swells to Almost $2 Trillion for Fiscal 2026, up 12% in a Single Year
The U.S. finished the 2026 fiscal year with a budget deficit of nearly $2 trillion, the latest measurement to underscore the extent of the country's financial stress. The $1.992 trillion figure was about 12% higher than the $1.775 trillion deficit in the prior fiscal year,