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National debt interest and entitlement spending push FY2026 federal budget deficit toward $2 trillion - Fox Business

Federal spending on national debt interest, Social Security, Medicare and Medicaid drives the budget deficit $35 billion higher than last year.

Fox Business·10 July 2026 at 20:37·1 min read
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Federal spending on national debt interest, Social Security, Medicare and Medicaid drives the budget deficit $35 billion higher than last year.

GLOBAL — Federal spending on national debt interest, Social Security, Medicare and Medicaid drives the budget deficit $35 billion higher than last year.

Image source: Fox Business

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Fox Business
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business
Published
10 July 2026 at 20:37
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This report draws on reporting from Fox Business. DOCFLiX Desk has verified and adapted this report with additional context for our readers.

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