The US fiscal 2026 deficit widened to $1.99 trillion, up 12% from $1.78 trillion in fiscal 2025. Spending rose 6% to $7.4 trillion. Net interest on debt topped $1 trillion, making debt servicing the third-largest government expense. This is the fourth straight year the deficit has been around $2 trillion.

One free account opens every story complete, the live board, the 30-day calendar, a watchlist and breaking alerts on your phone. No card. The wire stays free to read.