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US federal budget deficit rises 12% in a year to nearly $2 trillion

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The US federal budget deficit for 2026 has reached roughly $1.992 trillion, according to a report from Yahoo Finance. The figure represents an increase of about 12% compared with the previous year. The deficit reflects the gap between federal spending and revenue over the fiscal year. The report was shared on Hacker News, where it drew discussion among readers. The source article provides further details on the factors behind the rise.

Read the full story at Hacker News

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US federal budget deficit rises 12% in a year to nearly $2 trillion · ShortSingh