The US budget deficit grew to almost $2 trillion over the past year, government data showed Friday, reaching its highest level since 2021 despite President Donald Trump’s promises to cut public spending and red ink. The deficit, which occurs when government spending exceeds its revenues, rose to $1.99 trillion in fiscal year 2026, the Treasury […]
The post US budget deficit widens to nearly $2 trillion, highest since 2021 appeared first on Insider Paper.