The federal budget deficit totaled $1.4 trillion in the first nine months of fiscal year 2026, CBO estimates. That amount is $35 billion more than the deficit recorded during the same period last fiscal year.
The federal budget deficit totaled $1.4 trillion in the first nine months of fiscal year 2026, CBO estimates. That amount is $35 billion more than the deficit recorded during the same period last fiscal year. Revenues rose by $142 billion (or 4 percent), and outlays increased by $178 billion (or 3 percent).
