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Business & Economy · CNBC · Economy

U.S. budget deficit swells to almost $2 trillion for fiscal 2026, up 12% in a single year

2026-10-16T18:00:15.000Z

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From CNBC · Economy

The Treasury Department published the U.S. budget deficit for the 2026 fiscal year.

The side entrance to the treasury building with a sign above it that says "The Department of the Treasury", along with doors and stairs leading up to them
Photo: G. Edward Johnson / Wikimedia Commons, CC BY 4.0

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Business & Economy
Published
2026-10-16T18:00:15.000Z
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Related source headlines

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  1. France 24 · World US budget deficit grows to nearly $2 trillion, highest since 2021

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Places: United States

Sources and further reading

  1. CNBC · Economy — U.S. budget deficit swells to almost $2 trillion for fiscal 2026, up 12% in a single year
  2. France 24 · World — US budget deficit grows to nearly $2 trillion, highest since 2021