Opinion
Committee for a Responsible Federal BudgetOpinion

Treasury Confirms $602 Billion Deficit in First Three Months of FY 2026

The United States borrowed $602 billion in the first three months of Fiscal Year (FY) 2026, including $145 billion in the month of December, according to the latest Monthly Treasury Statement f ...
Forbes

Reconciliation Seeks To Control The Deficit But Adds Fuel To The Debt

Pending tax and spending legislation is putting additional upward pressure on the U.S. national debt. Much like the broader U.S. budget process, a legislative procedure currently being used to advance ...
Committee for a Responsible Federal Budget

Lawmakers Introduce a Bipartisan Resolution in Support of a 3% Deficit-to-GDP Target

The resolution expresses the sense of the House of Representatives that the United States should reduce and maintain the federal unified budget deficit at or below 3% of GDP while acknowledging that ...
Fox Business

Federal budget deficit grows $92B to nearly $2T even as Trump tariffs increase revenue

The federal government's budget deficit reached $2 trillion for the current fiscal year as the deficit has widened by nearly $100 billion from last year. The nonpartisan Congressional Budget Office ...