US Kicks Off Fiscal Year With $284 Billion Deficit Amid Shutdown
The US kicked off the 2026 fiscal year with a $284 billion budget deficit last month, underscoring the Trump administration’s challenge in attempting to dramatically shrink federal borrowing needs in...
By Daniel Flatley · Bloomberg Markets
The US kicked off the 2026 fiscal year with a $284 billion budget deficit last month, underscoring the Trump administration’s challenge in attempting to dramatically shrink federal borrowing needs in coming years.