[US Federal Budget Deficit Reaches $2 Trillion in Fiscal Year 2026] According to Jinse Finance, on November 10th (local time November 9th), the US Treasury Department released data showing that the total US federal budget deficit for fiscal year 2026, ending September 30th, will reach $2 trillion, an increase of $217 billion, or 12%, compared to the previous fiscal year. Both fiscal revenue and expenditure have increased compared to fiscal year 2025. Revenue increased by 3%, or $169 billion; expenditure increased by 6%, or $386 billion. Furthermore, the federal deficit for fiscal year 2026 is equivalent to 6.2% of GDP, higher than 5.8% in fiscal year 2025. In fiscal year 2026, the total federal debt held by the public will reach 100% of GDP, the highest level since 1946, higher than 99.0% at the end of fiscal year 2025. (CCTV)