USA-Federal Budget Deficit/FY2026
USA-Federal Budget Deficit/FY2026
Dateline : Nov 9, 2026/File
Location : United States
Duration : 1'20
Beijing, China - Nov 10, 2026 (CCTV Video News Agency - No access Chinese mainland)
1. Screenshot of "monthly budget review: summary for fiscal year 2026" by Congressional Budget Office (CBO)
FILE: USA - Date Unknown (CCTV - No access Chinese mainland)
2. Various of U.S. dollar banknotes being printed
FILE: Beijing, China - Date Unknown (CCTV - No access Chinese mainland)
3. Various of U.S. dollar banknotes going through cash counting machine
FILE: Washington D.C., USA - October 2024 (CCTV Video News Agency - No access Chinese mainland)
4. Various of White House
5. Various of Capitol building
FILE: New York City, New York, USA - October 2024 (CCTV Video News Agency - No access Chinese mainland)
6. Various of traffic, buildings
FILE: New York City, New York, USA - April 7, 2025 (CGTN - No access Chinese mainland)
7. Subway entrance, pedestrians
FILE: New York City, New York, USA - October 2024 (CCTV Video News Agency - No access Chinese mainland)
8. Various of Brooklyn Bridge, U.S. national flag
9. City view
10. Various of port scene, Statue of Liberty
The U.S. federal budget deficit reached 2.0 trillion U.S. dollars in fiscal year 2026, which ended Sept 30, up 217 billion dollars, or 12 percent, from the previous fiscal year, showed data released by the U.S. Congressional Budget Office (CBO) on Monday.
According to CBO's report, revenues and outlays went up by 169 billion dollars and 386 billion U.S. dollars, or 3 percent and 6 percent, respectively, from fiscal year 2025.
It said that the federal deficit in FY2026 was equivalent to 6.2 percent of the nation's gross domestic product (GDP), representing a growth from 5.8 percent of GDP for the last fiscal year.
Federal debt held by the public reached 100 percent of GDP in fiscal year 2026, marking the highest percentage since 1946 and an increase from 99.0 percent at the end of FY2025, it noted.
ID : 8507601
Published : 2026-11-10 09:40
Last Modified : 2026-11-10 17:42:28
Source : CCTV Video News Agency,China Central Television (CCTV),China Global Television Network (CGTN)
Restrictions : No access Chinese mainland
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