Why the Federal Deficit Is Projected to Surge, in Five Charts

America’s debt will be more than 100% of U.S. gross domestic product by later this year, the Congressional Budget Office projects.

Congressional Budget Office Ups Federal Deficit Forecast

The Congressional Budget Office expects the U.S. federal deficit to rise more over the coming years than previously expected, a release by the agency showed Wednesday.

U.S. History of Fiscal Deficits: From 1789 to Today

Explore the history of fiscal deficits in the U.S. from 1789 to now, and understand how early figures like Alexander Hamilton addressed budget shortfalls in the country.

Updated CBO Outlook Still Flags Deepening Deficits And Rising Fiscal Strain

CBO projects that the shortfall will deepen in 2026 to $1.853 trillion, slightly more than 2025’s $1.775 trillion deficit. Looking further down the road offers a similarly concerning trajectory. Over ...
PBS

Federal deficits and debt will worsen over next decade, Congressional Budget Office finds

WASHINGTON (AP) — The nonpartisan Congressional Budget Office's 10-year outlook projects worsening long-term federal deficits and rising debt, driven largely by increased spending, notably on Social ...