U.S. CBO

Congressional Budget Office
Nonpartisan analysis for the U.S. Congress.
For cost estimates, follow @USCBOCostEst.

[U.S. CBO @USCBO]

In fiscal year 2026, which ended on September 30, the federal budget deficit totaled $2.0 trillion—an increase of $217 billion (or 12 percent) from the deficit recorded in the previous year. https://t.co/sgPMmzPvFb

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Presentation by Lara Robillard, an analyst in CBO's Budget Analysis Division, at AcademyHealth's 2026 Health Policy Orientation. https://t.co/pEOQeigOyt

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CBO presents its projections of revenues and outlays for the 2026–2036 period translated into projections of current federal receipts and expenditures in the national income and product accounts. https://t.co/NzTU4IbKZM

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CBO explains the differences between revenues, outlays, and deficits in the federal budget and the corresponding measures of federal receipts, expenditures, and saving in the national income and product accounts. https://t.co/jpch90voU2

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What has CBO been working on? https://t.co/jFS4lFN8US

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The federal budget deficit totaled $2.0 trillion in fiscal year 2026, the Congressional Budget Office estimates, $218 billion more than the deficit recorded in fiscal year 2025. https://t.co/qEb1buILiR

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CBO analyzed the budgetary outcomes under two alternative scenarios in which interest rates are higher than those underlying CBO's February 2026 baseline. https://t.co/uhqrQOCWbp

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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. https://t.co/Euu7BMGNjs

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Treasury Duration Supply and Term Premiums: Working Paper 2026-11 https://t.co/aidMZABIHL

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CBO's Director, Phillip Swagel, discusses his recent and upcoming speaking engagements about the agency's work, its mission, and the U.S. economy. https://t.co/MIveOlSCVL

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Watch David E. Mosher, CBO's Director of National Security Analysis, testify before the Senate Armed Services Committee's Subcommittee on Strategic Forces. https://t.co/8F6qb2XGgv

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Testimony on Potential Costs of a National Missile Defense System https://t.co/lt7ml10nlT

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Presentation by F. M. Woodward, an analyst in CBO's National Security Division, at the Defense Manpower Roundtable. https://t.co/x9GzoKLzMc

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Presentation by William Swanson, an analyst in CBO's Microeconomic Studies Division, at the 2026 Inforum Outlook Conference. https://t.co/VhdEMSLlPt

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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. https://t.co/bVCG2c6Lgq

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CBO examines the distribution of income—and of the means-tested transfers and federal taxes that affect it—from 1979 to 2023. https://t.co/wcmMf940Zo

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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. https://t.co/1BPI5Ezw5p

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CBO announces the members of its Panel of Health Advisers for this year. https://t.co/2JVIMkqCeA

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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. https://t.co/j1gI9VH6Vj

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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. https://t.co/XHcMtDONcO