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Federal budget deficit climbs to $2 trillion as fiscal jitters multiply

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The federal budget deficit rose to nearly $2 trillion for the past fiscal year, spurred in part by ballooning interest payments and tariff refunds, the Congressional Budget Office reported Thursday.

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Source headline and summary supplied via NewsData.io. First collected by NewsJaws on 2026-10-09. This is an automated news brief, not original NewsJaws reporting. Dates reflect the source publication. Feed delays may apply.

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