Federal deficit hits $2 trillion; worst since end of pandemic
President Trump's first full year back in the White House ended with a $2 trillion deficit, as Uncle Sam's budget woes deepened. The final tally saw the government collect $5.4 trillion in revenue — up about 3% from the previous year. But it spent $7.4 trillion, or 6% more than in …
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Story file
- Section
- Business
- First reported by
- The Washington Times
- Reporter
- stephen dinan
- Published
- Friday, 16 October 2026, 11:30 pm IST
- Coverage
- One outlet so far
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