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

Washington, D.C.
Joined June 2013
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. cbo.gov/publication/61985
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180
95,046
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. cbo.gov/publication/62554
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2
4
1,193
Treasury Duration Supply and Term Premiums: Working Paper 2026-11 cbo.gov/publication/62759
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919
Presentation by F. M. Woodward, an analyst in CBO's National Security Division, at the Defense Manpower Roundtable. cbo.gov/publication/62776
1,025
Presentation by William Swanson, an analyst in CBO's Microeconomic Studies Division, at the 2026 Inforum Outlook Conference. cbo.gov/publication/62775
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1,068
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. cbo.gov/publication/62556
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2,046
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. cbo.gov/publication/61984
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2,091
CBO examines how daily temperature changes affect emergency department visits, spending on those visits, and deaths among people enrolled in Medicare as well as how projected temperature changes caused by climate change affect those outcomes. cbo.gov/publication/62555
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1,104
Almost half of the employees at small businesses work for ones that do not offer a health insurance plan. CBO describes sources of coverage, health plan options, enrollment, and premiums. cbo.gov/publication/57984
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943
CBO provides estimates of the budgetary effects of automatic stabilizers—as well as the size of federal budget deficits without them—over the past 50 years and in CBO's current economic forecast from 2026 to 2036. cbo.gov/publication/62568
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973