US budget deficit hits $2 trillion in fiscal 2026, highest since 2021, CBO says

The U.S. federal deficit hit $2 trillion in fiscal 2026, the highest since 2021, according to the Congressional Budget Office, spurred in part by ballooning interest payments and tariff refunds. Government spending reached $7.4 trillion while revenue totaled $5.4 trillion.

Detected & updated continuously · Source: Nebula