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.
topics
Federal budget
news report
CBO Finds 2027 Budget Shifts Trillions From Nondefense to Defense
Over 2027 through 2036, the request would add $2.4 trillion in defense discretionary outlays and cut $2.6 trillion in nondefense discretionary spending.
news report
CBO Projects U.S. Population Will Reach 364 Million in 2056 as the Country Ages
The office expects the ratio of people ages 25–64 to those 65 and older to fall from 2.7 to 2.2 over three decades.
news report
Federal Health Insurance Subsidies Projected at $33.6 Trillion
CBO expects annual support to reach 8.4% of GDP by 2036 while the uninsured population rises from 30 million to 37 million.
news report
CBO Says H.R. 143 Would Change Budget Rules, Not Spending Immediately
The bill would reduce budget-resolution levels for long-unauthorized programs, but CBO says appropriations decisions still control actual spending.