The U.S. is projected to run a budget deficit of at least $2 trillion in fiscal year 2026, according to Treasury Department and bond market estimates.
The US budget deficit remained virtually stable during the first three months of 2026, as increased revenue -- primarily from income taxes and customs duties -- offset an acceleration in spending.
The US budget deficit remained virtually stable during the first three months of 2026, as increased revenue — primarily from income taxes and customs duties — offset an acceleration in spending.
WASHINGTON, April 10 (Reuters) - The U.S. federal government's March budget deficit ⁠rose $4 ⁠billion or 2% to $164 billion from a year ⁠ago as new individual and corporate tax breaks pushed refunds ...
WASHINGTON -- The United States' annual deficit exceeded $1.1 trillion during the first six months of the ongoing fiscal year, around $139 billion less compared to the first half of fiscal 2025. The ...