Federal budget deficit reached $1 trillion in five months through February 2026 as tax revenue jumped $206 billion due to higher income tax and tariff collections, CBO data shows.

The budget deficit narrowed in February at a slower pace than the previous month as US tariff revenue started to slow from ...

The federal government ran yet another big budget deficit in February, as the national debt nudges close to $39 trillion.

(The Center Square) - The United States federal budget deficit totaled $1 trillion in the first five months of fiscal year 2026, according to the Congressional Budget Office. The latest federal ...

Facing a $1 billion budget deficit, Colorado lawmakers are debating why the state's budget is so out of whack: Is it a ...

The House failed to pass a measure that would propose amending the Constitution to require the federal government to have a ...

WASHINGTON -- The United States' deficit for the current fiscal year is increasing at a lower rate compared to the prior year, with the federal government ending January with a nearly $697 billion gap ...