U.S. Treasury will have to borrow $2 trillion this year just to continue functioning—more than $166 billion every month - Fortune
business 2026/05/07 10:46:00

U.S. Treasury will have to borrow $2 trillion this year just to continue functioning—more than $166 billion every month - Fortune

Source:Fortune
Author:Eleanor Pringle

The OMB expected the FY 2026 to run at a deficit of $2.06 trillion, higher than estimates from the likes of the Congressional Budget Office (CBO).