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U.S. Budget Deficit Nears $2 Trillion, a Reality Check for Trump’s Cost Cutting

U.S. Budget Deficit Nears $2 Trillion, a Reality Check for Trump’s Cost Cutting
NYT Business Friday 16 October 2026, 18:00 UTC By Alan Rappeport 1 min read
Key Points

President Trump, who had promised to curb federal spending, has instead seen it rise on his watch.

President Trump, who had promised to curb federal spending, has instead seen it rise on his watch.
U.S. (LOCATION) Trump’s Cost Cutting (ORG) Trump (PERSON)
Originally published by NYT Business Read original →

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