U.S. fiscal deficit for fiscal year 2026 approaches $2 trillion; interest costs exceed $1 trillion for the first time; debt burden may hit a record high.

Zhito Finance APP has learned that data released by the U.S. Treasury Department on Friday shows that the U.S. federal government fiscal deficit expanded to nearly $2 trillion in fiscal year 2026, remaining at this high level for the fourth consecutive year. As U.S. Treasury yields rise and the scale of government debt continues to swell, interest expenses have hit a record high, further intensifying U.S. fiscal pressure. At the same time, the ratio of U.S. public debt to gross domestic product (GDP) is expected to break historical records in the coming years.