View CBO's budget infographics to see how much the federal government spent and took in during fiscal year 2025, as well as broader trends in the budget over the past few decades.
March 2026
Molly Dahl, CBO's Chief of Long-Term Analysis, testifies before the Senate Budget Committee.
CBO estimates that the effects on direct spending and revenues of laws enacted in the first session of the 119th Congress will reduce outlays and decrease revenues from 2025 to 2034, which will increase the deficit by $3.5 trillion.
CBO Director Phillip Swagel testifies before the House Appropriations Committee's Subcommittee on the Legislative Branch.
CBO Director Phillip Swagel testifies about the agency's most recent analysis of the outlook for the budget and the economy before the Senate Finance Subcommittee on Fiscal Responsibility and Economic Growth.
The federal budget deficit totaled $1.0 trillion in the first five months of fiscal year 2026, CBO estimates. That amount is $142 billion less than the deficit recorded during the same period last fiscal year.
CBO provides information about how the recent Supreme Court ruling on tariffs affects the agency's budget projections.