news report
CBO Says the 2026 Defense Request Reached $961 Billion
The request included $113 billion from the 2025 reconciliation law, and CBO says the funding mix makes enduring costs harder to project.
topics
Congressional Budget Office
news report
CBO’s Two Cost Methods Differ by $67.2 Billion for 2027 Federal Credit
The budget method projects $15.3 billion in lifetime savings, while a fair-value method that accounts for market risk projects a $51.9 billion cost.
news report
Federal Deficit Reached $1.4 Trillion Through June, CBO Estimates
Revenues rose 4% in the first nine months of fiscal 2026, but a 3% increase in outlays left the cumulative deficit $35 billion above the prior-year period.
news report
Federal Deficit Reached $1.8 Trillion Through July, CBO Estimates
The shortfall for the first 10 months of fiscal 2026 was $169 billion larger than a year earlier as outlays grew faster than revenues.
news report
Federal Excise Taxes Raised $106 Billion, Mostly From Four Sources
CBO says highway, aviation, tobacco and alcohol, and stock-buyback taxes produced 88% of 2025 receipts.