Federal deficit totaled $1 trillion in beginning of FY2026, CBO says

The United States federal budget deficit totaled $1 trillion in the first five months of fiscal year 2026, according to the Congressional Budget Office. The latest federal deficit estimate is $142 ...

Congressional Budget Office Ups Federal Deficit Forecast

The Congressional Budget Office expects the U.S. federal deficit to rise more over the coming years than previously expected, a release by the agency showed Wednesday.

Come 2030, the US deficit will be worth 5.9% of GDP—more than spending on Social Security, and equal to major health programs

Come 2030, the annual deficit will be worth roughly 5.9% of GDP, on par with provisions set aside for health and Social ...

Tariff Refunds Will Make The Federal Spending Deficit Even Bigger

A federal court ruling in favor of tariff refunds blows a hole in one of the economic upsides of the controversial import taxes.