CBO: US Federal Deficit Expected to Reach $2.1 Trillion by 2026

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Government

12 August 2026 at 6:18 am

CBO: US Federal Deficit Expected to Reach $2.1 Trillion by 2026

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Summary

The US federal deficit is projected to reach $2.1 trillion by 2026, according to the CBO, due to government spending increasing faster than tax revenue, alongside rising debt interest and benefit costs.

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