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In fiscal year 2026 (from October 1, 2025 to September 30, 2026), the US budget deficit reached $1.99 trillion, and the cost of servicing the national debt totaled an all-time high of $1.36 trillion, Fortune reports.

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In fiscal year 2026 (from October 1, 2025 to September 30, 2026), the US budget deficit reached $1.99 trillion, and the cost of servicing the national debt totaled an all-time high of $1.36 trillion, Fortune reports.

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