Budget
- Report
Monthly Budget Review: September 2026
The federal budget deficit totaled $2.0 trillion in fiscal year 2026, CBO estimates, $218 billion more than the deficit recorded in fiscal year 2025.
- Report
Projections of Deficits and Debt Under Two Scenarios With Higher Interest Rates
CBO analyzed the budgetary outcomes under two alternative scenarios in which interest rates are higher than those underlying CBO's February 2026 baseline.
- Report
How Spending for Flood Adaptations Affects the Federal Budget
CBO examines how spending for flood adaptations today might affect the federal government's potential costs for disaster relief later, and what households are likely to pay for flood insurance that is subsidized by the federal government.
- Report
Projections of Deficits and Debt Under Alternative Scenarios for Interest Rates and the Budget
CBO responds to a request for an analysis of projected deficits and debt under a scenario with higher interest rates and a scenario with a constant debt-to-GDP ratio.
- Report
CBO's 2026 Long-Term Projections for Social Security
In CBO's projections, the gap between Social Security's outlays and revenues generally widens over the next 75 years, and the balance of the Old-Age and Survivors Insurance Trust Fund is exhausted in fiscal year 2032.
- Report
Estimating the Cost of Combat Operations Against Iran
CBO assesses the Department of Defense's costs for the current armed conflict against Iran, as well as the conflict's economic and budgetary effects.
- Report
Monthly Budget Review: August 2026
The federal budget deficit totaled $2.0 trillion in the first 11 months of fiscal year 2026, the CBO estimates. That amount is $6 billion less than the deficit recorded during the same period last fiscal year.
- Report
Effects of Automatic Stabilizers on the Federal Budget: 2026 to 2036
CBO provides estimates of the budgetary effects of automatic stabilizers—as well as the size of federal budget deficits without them—over the past 50 years and in CBO's current economic forecast from 2026 to 2036.
- Report
Expired and Expiring Authorizations of Appropriations: 2026 Final Report
CBO reports annually on programs whose authorizations of appropriations have already expired or will expire. This report updates CBO's preliminary report that was released on January 15, 2026.
- Blog Post
CBO’s Updated Budgetary Projections of Tariffs as of July 31, 2026
Changes in trade policy through July 31, 2026, result in projected total deficits that are $0.9 trillion larger over the 2027–2036 period than they were in CBO’s February 2026 baseline projections.