(The Center Square) - The United States federal budget deficit totaled $1 trillion in the first five months of fiscal year 2026, according to the Congressional Budget Office. The latest federal ...
CBO analysis found Trump tariffs could lower deficits over time, but with higher inflation, weaker purchasing power and major uncertainty around 2026 claims.
The federal government is projected to run a budget deficit of at least $2 trillion this fiscal year, according to an estimate by the Treasury Department and bond market participants. Earlier this ...