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Home > Business > US annual budget gap hits nearly $2 trillion, largest in 5 years

US annual budget gap hits nearly $2 trillion, largest in 5 years

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Last Updated: October 17, 2026 00:21:54 IST

By Dan Burns Oct 16 (Reuters) – The US 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

(The article has been published through a syndicated feed. Except for the headline, the content has been published verbatim. Liability lies with original publisher.)

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