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On November 9, local time, the US Treasury released data saying that in the 2026 fiscal year ending September 30, the total US federal budget deficit was 2.0 trillion US dollars, an increase of 217 billion US dollars over the previous fiscal year's deficit, an increase of 12%. Both fiscal revenue and expenditure increased compared to fiscal year 2025. Revenue increased 3%, or $169 billion; expenditure increased 6%, or $386 billion. Furthermore, the federal deficit in FY2026 was equivalent to 6.2% of GDP, up from 5.8% in FY2025. In fiscal year 2026, total federal debt held by the public reached 100% of GDP, the highest level since 1946, and higher than 99.0% at the end of fiscal year 2025.

Zhitongcaijing·11/09/2026 19:57:23
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On November 9, local time, the US Treasury released data saying that in the 2026 fiscal year ending September 30, the total US federal budget deficit was 2.0 trillion US dollars, an increase of 217 billion US dollars over the previous fiscal year's deficit, an increase of 12%. Both fiscal revenue and expenditure increased compared to fiscal year 2025. Revenue increased 3%, or $169 billion; expenditure increased 6%, or $386 billion. Furthermore, the federal deficit in FY2026 was equivalent to 6.2% of GDP, up from 5.8% in FY2025. In fiscal year 2026, total federal debt held by the public reached 100% of GDP, the highest level since 1946, and higher than 99.0% at the end of fiscal year 2025.