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The U.S. budget deficit for the fiscal year 2026 rose to $1.99 trillion, an increase of 12% compared to the previous year, marking the highest level since 2021. Government revenues amounted to $5.4 trillion, while expenditures grew to $7.4 trillion, with interest payments on debt reaching a record high of $1.36 trillion. The budget was also impacted by tariffs, as net customs revenues declined by approximately 11%, with the deficit narrowing to $27 billion in September.
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