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US deficit reaches $1.8 trillion in first 10 months of fiscal 2026
US federal budget deficit hit a record $432 billion in July, taking the fiscal 2026 shortfall to $1.799 trillion in the first 10 months. Higher government spending and weaker tariff revenues have intensified pressure on the US fiscal position, with two months remaining in the fiscal year.
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hindustantimes.com
US federal deficit set to hit $2.1 trillion as spending outpaces tax revenue, CBO says
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
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cnbc.com
U.S. budget deficit surged in July to highest level since March 2021
Beyond the big single-month jump, the collective red ink over the 10 months of the fiscal year rose to nearly $1.8 trillion, surpassing the same period in 2025.
