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A Treasury Department monthly report shows that in the first nine months of fiscal year 2026, which began on October 1, 2025, the federal government recorded a fiscal deficit of $1.367 trillion, with net interest payments of $827 billion exceeding defense spending of $713 billion and ranking second only to Social Security spending of $1.244 trillion.
Supporting span — verbatim, re-derived from the source
A monthly report from the Treasury Department shows that the federal government recorded a fiscal deficit of $1.367 trillion in the first nine months of fiscal year 2026, which began on October 1, 2025.
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