Budget deficit hits $1 trillion in first five months of fiscal year: CBO

Federal budget deficit reached $1 trillion in five months through February 2026 as tax revenue jumped $206 billion due to ...

Deficit hits $1 trillion in current fiscal year: CBO

The federal budget deficit totaled $1 trillion in the first five months of the 2026 fiscal year, according to the monthly budget review released Monday by the Congressional Budget Office. The total is ...

IMF calls for US fiscal consolidation to bring down 'too big' current account deficit

By David Lawder WASHINGTON, Feb 25 (Reuters) - The International Monetary Fund on Wednesday called on the United States to reduce its growing fiscal deficit as the best way to bring down current ...