US budget deficit nears $2 trillion, a reality check for Trump’s cost cutting - Diina London - Your Intuitive Insights to London's Local Pulse

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Author name: hthnone

US budget deficit nears $2 trillion, a reality check for Trump’s cost cutting

date Oct 18, 2026

the deficit approached $2 trillion in the 2026 fiscal year, its highest level since the pandemic. the widening gap between what the government spends and what it collects in taxes and other revenue comes at a critical moment.

Source: Herald

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