The US federal budget deficit for 2026 officially came in Friday at $1.992 trillion, a final tabulation to close out the government's fiscal year and another reminder of Washington's spiraling reliance on red ink.
Indeed, Congress sets the budget in principle, but this administration just went 2 TRILLION dollars over that budget in a single year. As bad as Congress may be, it’s this administration that is primarily at fault in this instance.
Indeed, Congress sets the budget in principle, but this administration just went 2 TRILLION dollars over that budget in a single year. As bad as Congress may be, it’s this administration that is primarily at fault in this instance.