Federal budget deficit reached $1 trillion in five months through February 2026 as tax revenue jumped $206 billion due to ...

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 ...

Discover how the U.S. national debt affects your finances and what to know about government borrowing and debt limits.

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

The nation's debt likely will become unsustainable and worsen by trillions of dollars over the next 10 years, the ...

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 ...

In his address to a joint session of Congress in March 2025, President Donald Trump set a bold goal for the U.S. government. ...

As number nears $39 trillion and Trump promises to balance budget, Americans spend more on interest than on defense ...

The Congressional Budget Office projects the federal deficit will grow from $1.8 trillion in 2025 to $3.1 trillion by 2036. Federal spending is currently well above its 50-year average, while revenue ...

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 ...

The nonpartisan fiscal watchdog revised its estimates to add $2 trillion to its earlier projection.

WASHINGTON (AP) — 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 ...