Coverage dated October 16, 2026 to October 17, 2026
A $2 trillion deficit looms over the midterms
Headline from ABC 17 Mid-Missouri
By Tami Luhby, CNN (CNN) — The federal budget deficit rose to nearly $2 trillion for the past fiscal year, which ended September 30, the Treasury Department reported Friday. It was the largest annual deficit since 2021, during the height of the pandemic, when the federal government doled out support…
ABC 17 Mid-Missouri's own description from its feed. We collect headlines and these descriptions, not full articles; read the original reporting below.
The federal budget deficit rose to nearly $2 trillion in fiscal 2026, the Treasury Department announced on Friday. The shortfall is large for a nation not at war or in a recession, and shows that the government faces a long-term mismatch between spending and revenues.
The US federal budget deficit widened to nearly $2 trillion for the 2026 fiscal year, a fresh reminder of the scale of government borrowing needs and leaving the nation on track for a record high debt burden in coming years.
The U.S. budget deficit rose by $217 billion to nearly $2 trillion in the 2026 fiscal year, fueled in part by tariff refunds and record spending to service the nation’s more than $40 trillion in debt, marking the largest budget shortfall in five years, Treasury Department figures showed today.
By Tami Luhby, CNN (CNN) — The federal budget deficit rose to nearly $2 trillion for the past fiscal year, which ended September 30, the Treasury Department reported Friday. It was the largest annual deficit since 2021, during the height of the pandemic, when the federal government doled out support…
The budget deficit rose by $217 billion to $1.99 trillion in the 2026 fiscal year, fueled in part by tariff refunds and record spending to service the nation's more than $40 trillion in debt, marking the largest budget shortfall in…
WASHINGTON — The United States budget deficit approached $2 trillion in the 2026 fiscal year, its highest level since the pandemic, as spending on the military, safety net programs and interest on the debt dwarfed the Trump administration’s cost cuts, Treasury Department figures showed Friday.
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A $2 trillion deficit looms over the midterms | Since Then
