Treasury announces deficit rose to $1.99 trillion in fiscal 2026
The federal budget deficit rose to nearly $2 trillion in fiscal 2026, the Treasury Department announced on Friday. The shortfall is large for a nation not at war or in a recession, and shows that the government faces a long-term mismatch be
Republican Ledger staff · 2:07 PM ET
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The federal budget deficit rose to nearly $2 trillion in fiscal 2026, the Treasury Department announced on Friday. The shortfall is large for a nation not at war or in a recession, and shows that the government faces a long-term mismatch between spending and revenues.
Revenues have risen, but spending has risen even faster and […]
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