Budget deficit hits $1 trillion in first five months of fiscal year: CBO

Federal budget deficit reached $1 trillion in five months through February 2026 as tax revenue jumped $206 billion due to higher income tax and tariff collections, CBO data shows.
Washington Examiner

Congress used government funding bill to ‘erase’ $3.4 trillion in deficits

(The Center Square) – Quietly tucked inside Republicans’ funding deal to end the government shutdown is a provision wiping the congressional Pay-As-You-Go (PAYGO) scorecard, effectively forgiving ...

War Spending Sinks Long-Term Government Bonds on Deficit Worries

Investors are growing uneasy about the potential cost of the Iran war, sending long-term government bonds lower amid concerns over how the conflict will add to pressures on budget deficits.
The Fiscal Times

Immigrants Cut the Deficit by $14.5 Trillion Over 30 Years: Analysis

Immigrants have been net-positive contributors to federal, state and local governments for decades, according to a new report from the Cato Institute, a libertarian think tank. According to Cato, ...
Morningstar

What's at stake for bond investors if the U.S. deficit soars to $3.1 trillion over the next decade

The Congressional Budget Office's latest forecasts are out on the U.S. government's deficit situation - and they don't look very good. An ever-widening U.S. budget deficit over the next 10 years will ...
Forbes

Congressional Budget Office Ups Federal Deficit Forecast

WASHINGTON, DC - APRIL 10: U.S. Sen. Jeff Merkley (D-OR) speaks to reporters during a news conference on the impacts of the Republican budget proposal at the U.S. Capitol on April 10, 2025 in ...