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 between spending and revenues. Revenues have risen, but spending has risen even faster and […]

Read it at Washington Examiner ↗

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