US federal deficit is expected to hit $2.1 trillion in 2026 as spending rises faster than tax revenue, while debt interest and benefit costs climb. | Business News

US federal deficit is expected to hit $2.1 trillion in 2026 as spending rises faster than tax revenue, while debt interest and benefit costs climb. | Business News

The US federal budget deficit hit $432.308B, topping forecasts. FY2026 year-to-date shortfall is $1.37T, with CBO projecting $2.1T for the full