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<title>U.S. budget deficit swells to almost $2 trillion for fiscal 2026, up 12% in a single year!</title>
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<description>The U.S. finished the 2026 fiscal year with a budget deficit of nearly $2 trillion, the latest measurement to underscore the extent of the country&#x26;#x2019;s financial stress. The $1.992 trillion figure was about 12% higher than the $1.775 trillion deficit in the prior fiscal year, the Treasury Department reported Friday. It&#x26;#x2019;s the third-highest annual deficit in U.S. history, behind only 2020 and 2021, when the federal government was doling out trillions of dollars in financial stimulus amid the Covid-19 pandemic. The 2026 fiscal year saw record sums for both receipts and outlays, according to a Treasury Department official. With Friday&#x26;#x2019;s...</description>
<author>CNBC</author>
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<pubDate>Tue, 20 Oct 2026 04:13:19 GMT</pubDate>
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