The U.S. is projected to run a budget deficit of at least $2 trillion in fiscal year 2026, according to Treasury Department and bond market estimates.

Debt held by the public will balloon to more than $56 trillion by 2036 as annual deficits continue to mount, according to the latest projections from the Congressional Budget Office. By later this ...

A spendthrift government is raising borrowing costs for everyone.

The federal government borrowed $1.7 trillion over the past year – June 2025 to May 2026 – based on estimates from the Congressional Budget Office (CBO). CBO estimates that the May 2026 deficit was ...

The Treasury secretary keeps repeating one number. The government's own scorekeeper just showed why it keeps slipping out of ...

Thu, March 5, 2026 at 6:55 PM UTC A federal court ruling in favor of tariff refunds reduces one of the economic upsides of import taxes—their benefit to the federal budget. On Wednesday, a federal ...

The Congressional Budget Office projected in February that the federal deficit will reach $1.9 trillion, or 5.8% of GDP, in ...

The U.S. economy is increasingly propped up by federal deficit spending, which, by one estimate, effectively adds about $15,000 per household to the economy each year. Federal deficit spending became ...

Looking at the average monthly deficit, January and February were both worse than average, whereas March was slightly better. The latest quarter was slightly better than last Q2 and also better than ...

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, ...