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

The U.S. federal deficit surged 12% to nearly $2 trillion in fiscal 2026, the highest since 2021, according to the Congressional Budget Office. Government spending reached $7.4 trillion while revenue totaled $5.4 trillion.

Detected & updated continuously · Source: Nebula

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U.S. budget deficitCongressional Budget Office

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