U.S. budget deficit swells to almost $2 trillion for fiscal 2026, up 12% in a single year

Source: cnbc October 16, 2026 · 11:00
U.S. budget deficit swells to almost $2 trillion for fiscal 2026, up 12% in a single year
Photo by Polina Tankilevitch · Pexels
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The Treasury Department published the U.S. budget deficit for the 2026 fiscal year.
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CNBC

The Consumer News and Business Channel (CNBC) is an American business news channel owned by Versant. The network broadcasts live business news and analysis programming during the morning, daytime business day, and early-evening hours, with the remaining hours filled by business-related documentaries and reality television programming, as well as occasional sports presentations from USA Sports. CNBC operates an accompanying financial news website, CNBC.com, which includes news articles, video and…

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