UPDATE 1 — US annual budget gap hits nearly $2 trillion, largest in 5 years
(Adds details from report) Debt-service outlays climb 12% to record $1.36 trillion, Treasury data shows Net tariff receipts fall $22 billion after $145 billion of refunds Fiscal 2026 deficit equals estimated 6.2% of GDP versus 5.8% in 2025 By Dan Burns Oct 16 (Reuters) — The US budget deficit rose by $217 billion to ne