Story perspectives

U.S. Deficit Near $2 Trillion as Interest Tops $1 Trillion

By Drooid · Oct 9, 2026, 3:03 AM UTC · How we work

Summary

Story summary

The Congressional Budget Office reports the U.S. federal budget deficit rose to nearly $2 trillion.
The deficit gap widened by $218 billion, a 12% increase, through September 30.
Net interest payments exceeded $1 trillion for the first time, up 11%.
Tariff refunds of about $130 billion followed a Supreme Court ruling.
Corporate tax revenue fell 16% to $382 billion under the tax cuts.

1 of 1

Story summary

The Congressional Budget Office reports the U.S. federal budget deficit rose to nearly $2 trillion.
The deficit gap widened by $218 billion, a 12% increase, through September 30.
Net interest payments exceeded $1 trillion for the first time, up 11%.
Tariff refunds of about $130 billion followed a Supreme Court ruling.
Corporate tax revenue fell 16% to $382 billion under the tax cuts.