Federal budget deficit climbed to $2 trillion for fiscal '26
The federal budget deficit ballooned to $2 trillion in the fiscal year that ended Sept. 30, compared to $1.8 trillion last year, according to a new report.
TL;DR
- The federal budget deficit reached $2 trillion in the fiscal year ending September 30.
- This is an increase from the $1.8 trillion deficit in the previous fiscal year.
- The information is based on a new report.