Federal budget deficit on track to surpass $2T this fiscal year as spending outpaces revenue

Source: www.foxbusiness.com ·
Section: business-tech ·
Bias: Right
· Published: Tue, 11 Aug 2026 15:06:21 GMT
The CBO's monthly update shows the federal budget deficit on track to hit $2.1 trillion as national debt interest costs surge 14% year over year.
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