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.

The federal government ran yet another big budget deficit in February, as the national debt nudges close to $39 trillion.

The House failed to pass a measure that would propose amending the Constitution to require the federal government to have a balanced budget, a measure offered by conservatives to address the ...

The United States federal budget deficit totaled $1 trillion in the first five months of fiscal year 2026, according to the ...

Panics about the rising US deficit have stirred up bond vigilantes before. An economist thinks concerns about military ...

The U.S. government spent $173 billion more than it collected in revenues in November. But as bad as that sounds and is, it is nevertheless better than the $193 billion deficit posted in October and ...

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 ...

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, ...