[ORGANIZATION]
Allianz Investment Management
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Situations
US federal budget deficit reaches $1.99 trillion in FY2026
15 clusters · 134 sources · last updated
Latest: United States budget deficit rises to nearly $2 trillion in fiscal year 2026
The United States federal budget deficit reached approximately $1.99 trillion for fiscal year 2026, marking a 12% increase from the $1.78 trillion deficit in 2025. This represents the third-largest annual deficit in U.S.