FY2026 deficit widened $217B; gross interest alone rose $144B, about 66% of the extra red ink
Treasury data out Friday put the US fiscal 2026 deficit at $1.99 trillion, with record receipts of $5.40 trillion and outlays of $7.40 trillion. Gross interest on the debt hit a record $1.36 trillion, up $144 billion.
The deficit widened by $217 billion year over year. Interest alone rose $144 billion, so about 66% of the extra red ink is just the cost of carrying what we already owe.
Sources: CNBC: US budget deficit for 2026 fiscal year near $2 trillion · @coinbureau: record $5.4T receipts, $1.99T deficit, $7.4T spending, ~6.2% of GDP
Not financial advice. For informational and educational purposes only.
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