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.

Deficit hits $1 trillion in current fiscal year: CBO

The federal budget deficit totaled $1 trillion in the first five months of the 2026 fiscal year, according to the monthly budget review released Monday by the Congressional Budget Office. The total is ...