[The U.S. federal budget deficit reaches $2 trillion in fiscal year 2026] On November 9, local time, the U.S. Treasury Department released data stating that in the 2026 fiscal year ending on September 30, the U.S. federal budget deficit totaled $2.0 trillion, an increase of $217 billion, or 12%, from the deficit in the previous fiscal year. Both fiscal revenue and expenditure have increased compared with fiscal year 2025. Revenue increased 3%, or $169 billion; expenses increased 6%, or $386 billion. In addition, the federal deficit in fiscal year 2026 is equivalent to 6.2% of gross domestic product (GDP), up from 5.8% in fiscal 2025. In fiscal year 2026, total federal debt held by the public reached 100% of GDP, the highest level since 1946, up from 99.0% at the end of fiscal 2025. (CCTV News)