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Federal budget deficit hits $2 trillion in first 11 months of FY2026

Federal budget deficit hit $2 trillion after 11 months of fiscal year 2026, the CBO reported. Social Security, Medicare, Medicaid and national debt interest drove spending higher.

Sources (1)+1 copy· Sep 11, 3:23 PM to Sep 12, 1:17 PM

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Fox Business· Sep 11, 3:23 PMFederal budget deficit hits $2 trillion in first 11 months of FY2026Also ran in FOX 4 News

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Federal budget deficit hits $2T in first 11 months of fiscal year 2026, CBO reportsThe federal government's annual budget deficit reached $2 trillion after the first 11 months of fiscal year 2026, the nonpartisan Congressional Budget Office (CBO) reported.

FOX 4 News28d agoWhole story →

Economy

Government federal budget deficit report

Deficit reduction could lower inflation and interest rates, CRFB findsReducing the federal budget deficit could temper inflation, lower interest rates and prevent Social Security and Medicare crises, a new CRFB analysis finds.

Fox Business15d agoWhole story →

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Government federal budget deficit report

Federal deficit surged 12%. Tax collections grew, but spending did fasterDespite Trump’s tax cuts, revenue rose 3%. But entitlement-fueled spending soared even faster.

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Economy federal budget deficit report

Federal budget deficit climbs to $2 trillion as fiscal jitters multiplyThe federal budget deficit rose to nearly $2 trillion for the past fiscal year, spurred in part by ballooning interest payments and tariff refunds, the Congressional Budget Office reported Thursday.

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Government federal budget deficit report

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