BUDGET
Macro & Strategy
The US Deficit Reached $1,993 Billion In Fiscal 2026 And Interest Costs Hit $1,143 Billion
The US deficit rose to $1,993B in fiscal 2026 as outlays grew 6% against receipts at 3%, with net interest up 11% to $1,143B and tariff refunds of about $130B netted in customs.