Mmastodon BusinessEconomy first seen 5 d ago, last 5 d ago, peak #5
US federal budget deficit jumps 12% to nearly $2 trillion
Original: US federal budget deficit jumps 12% in one year to nearly $2 Trillion https://finance.yahoo.com/economy/policy/article/t
The US federal budget deficit for fiscal year 2026 came in at roughly $1.99 trillion, a 12% increase from the previous year and approaching $2 trillion. The figures are drawing attention from economists and commentators concerned about the pace of federal borrowing and the sustainability of government spending.
Why now: The sharp year-on-year rise in the deficit has renewed debate over US fiscal policy and government debt levels.
United StatesUS federal governmentUS Treasury
Evidence
- US federal budget deficit jumps 12% in one year to nearly $2 Trillion https://finance.yahoo.com/economy/policy/article/the-us-federal-budget-deficit-for-2026-just-came-in-its-1992-trillion-191917669.html # HackerNews # Tech # Economy · hackernews@robot.villas · 2
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