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 higher income tax and tariff collections, CBO data shows.

A former IMF economist says he's worried that military spending will widen the US deficit and jack up borrowing costs

Panics about the rising US deficit have stirred up bond vigilantes before. An economist thinks concerns about military ...

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 ...
WDAF-TV

Deficit spending will jeopardize Missouri’s financial health, state auditor says

KANSAS CITY, Mo. — State Auditor Scott Fitzpatrick has issued a warning about Missouri’s financial health. Auditor Fitzpatrick is urging lawmakers to take immediate action to curb the trend of deficit ...
AOL

Federal deficit totaled $1 trillion in beginning of FY2026, CBO says

(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 ...

Albany mayor warns of $22M deficit as questions emerge over early spending decisions

Albany Mayor Dorcey Applyrs is warning the city faces a growing fiscal challenge, projecting a $22 million deficit by 2026, ...