US Budget Deficit to Grow to $1.853 Trillion in FY2026, CBO Says
The U.S. budget deficit will grow slightly in fiscal 2026 to $1.853 trillion, the Congressional Budget Office forecast on Wednesday, showing that on balance, President Donald Trump’s economic policies are worsening the country’s fiscal picture amid low economic growth. The CBO said that the deficit for fiscal 2026 will be about 5.8% of GDP, about [...]The post US Budget Deficit to Grow to $1.853 Trillion in FY2026, CBO Says appeared first on GV Wire.
