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 ...

U.S. deficit tops $1 trillion through February but runs below year-ago pace

For the fiscal year to date, the deficit totaled $1.004 trillion, about 12% lower than the comparable period in 2025.

CBO highlights the good news in Trump’s lost tariff revenue hiking the deficit by $2 trillion: Lower inflation and unemployment—and higher GDP

In the past year, tariffs were, at least partly, responsible for 166,000 lost blue-collar jobs and $1,700 in annual increased ...

U.S. Posts $308 Billion Deficit for February. Tariff Revenue Was Still Robust.

The impact of the Supreme Court ruling striking down President Trump’s tariffs should be seen in the coming deficit report.

Here’s the solution to the deficit. Hint: It isn’t taxes.

Our national debt is a spending problem, not a revenue problem. Tax hikes alone can’t solve the problem—and they might even ...

New report shows Idaho again facing projected budget deficit

Less than two months after strong revenue collections seemingly righted the ship, the state of Idaho is once again facing a ...

US Budget Deficit Narrows at Slower Pace After Tariff Rate Decrease

The budget deficit narrowed in February at a slower pace than the previous month as US tariff revenue started to slow from the peak rate hit late last year.