Policy
Private Tallies Put the Fiscal 2026 Deficit Near $2 Trillion While Treasury's Final Statement Is Still Pending
The Committee for a Responsible Federal Budget estimates a $2 trillion gap, 6.2% of GDP, with interest costs of $1.1 trillion, a record 3.4% of output.
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By Marcus Elrod
Oct 5, 2026 · 2 min read
The federal government closed fiscal 2026 on September 30 with a deficit of roughly $2 trillion, according to preliminary private estimates published as the new fiscal year began. The Treasury Department has not yet released its final Monthly Treasury Statement for the year.
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Marcus Elrod
Marcus tracks positioning, flows and rates. He writes CI's weekly market internals column.
Marcus Elrod writes for Corporate Insider Inc.