Mmastodon BusinessEconomy first seen 6 d ago, last 6 d ago, peak #12
US federal budget deficit hits $1.9 trillion, up 12% year on year
Original: US federal budget deficit clocks in at $1.9T for the 2026 fiscal year, up 12% since the same period in 2025 and represen
The US federal budget deficit has reached $1.9 trillion for the 2026 fiscal year, a 12% increase compared with the same period in 2025 and equal to about 6% of US gross domestic product. Commenters are framing the rising gap between federal spending and revenue as a warning about America's fiscal trajectory, tying it to broader concerns over debt, inflation and affordability under the Trump administration.
Why now: The sharp rise in the deficit to 6% of GDP is fuelling debate over government spending, debt and the economy.
United StatesUS federal governmentDonald Trump
Evidence
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