US budget deficit hits 2T in 11 months

The article focused on the U.S. Congressional Budget Office report, which confirmed that the government’s budget deficit reached approximately $2 trillion during the first 11 months of fiscal year 2026. The report also indicated that the cost of U.S. debt interest has now surpassed national defense spending, and that total American debt recently exceeded the $40 trillion mark, reflecting the growing financial and economic challenges facing the United States.

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