The U.S. budget deficit just hit almost $2 trillion — and Washington isn’t doing much about it

Economy MarketWatch By Victor Reklaitis 16 Oct 2026 18:00 1 min read
The U.S. budget deficit just hit almost $2 trillion — and Washington isn’t doing much about it

The deficit figure is the largest since 2021 and amounts to an estimated 6.2% of U.S. gross domestic product.

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