U.S. deficit tops $1 trillion through February but runs below year-ago pace

For the fiscal year to date, the deficit totaled $1.004 trillion, about 12% lower than the comparable period in 2025.
Opinion
Committee for a Responsible Federal BudgetOpinion

CBO Estimates $1 Trillion Deficit for First Five Months of FY 2026

The United States borrowed $1.0 trillion in the first five months of Fiscal Year (FY) 2026, including $308 billion in February, according to the latest ...
Committee for a Responsible Federal Budget

CBO Projects Possible Debt Spiral, as R Exceeds G

Under CBO’s latest projections, the interest rate will exceed the growth rate (R>G) starting in 2031, when both are projected to total about 3.8% on a nominal basis and 1.8% on a real basis. Over time ...

CBO: Federal deficits and debt to worsen over next decade

The Congressional Budget Office projects worsening federal deficits and rising debt over the next decade, driven by increased ...

America’s never had such high national debt heading into an economic shock. We need a ‘break glass’ plan, think tank warns

The U.S. national debt has reached 100% of GDP—a level not seen since WWII. A leading fiscal watchdog is calling on Congress to build a "Break Glass Plan" before the next crisis hits.
WLKY

CBO: Federal deficits and debt to worsen over next decade

The nonpartisan Congressional Budget Office's 10-year outlook projects worsening long-term federal deficits and rising debt, driven largely by increased spending, notably on Social Security, Medicare, ...