Federal deficit reaches $1.4 trillion through June as funding fight nears
CBO estimates the federal deficit reached $1.4 trillion through June as senators unveiled a proposal to keep agencies funded through Dec. 11.
national debt
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GAO warns U.S. fiscal health is deteriorating—urges Congress and the White House to act
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.
