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US fiscal 2026 budget deficit rises to $1.99 trillion, largest in 5 years

Written By: TDG Syndication
Last Updated: October 16, 2026 23:45:06 IST

Oct 16 (Reuters) – The US budget deficit rose by $217 billion to $1.99 trillion in the 2026 fiscal year, fueled in part by tariff refunds and record spending to service the nation's more-than $40

(The article has been published through a syndicated feed. Except for the headline, the content has been published verbatim. Liability lies with original publisher.)

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