Treasury raises quarterly borrowing estimate to $739 billion
Treasury raised its July-to-September borrowing estimate by $68 billion as CBO put the 2026 deficit at $2.1 trillion, with implications for rates.
Treasury raised its July-to-September borrowing estimate by $68 billion as CBO put the 2026 deficit at $2.1 trillion, with implications for rates.
CBO says tariff-policy changes through July 31 will raise projected federal deficits by $900 billion over fiscal years 2027-2036, as customs revenue falls.
A new Congressional Budget Office analysis places the president’s fiscal 2027 budget request against a federal deficit projected at $1.9 trillion this year and rising debt burdens through 2036.
CBO estimates the federal deficit reached $1.4 trillion through June as senators unveiled a proposal to keep agencies funded through Dec. 11.
A new June 11, 2026 GAO report warns U.S. debt is outpacing the economy, with net interest projected to reach nearly 10% of GDP by 2056.