
Congressional Budget Office Nonpartisan analysis for the U.S. Congress. For cost estimates, follow @USCBOCostEst.
Washington, D.C.
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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. cbo.gov/publication/61985
CBO analyzed the budgetary outcomes under two alternative scenarios in which interest rates are higher than those underlying CBO's February 2026 baseline. cbo.gov/publication/62809
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
Treasury Duration Supply and Term Premiums: Working Paper 2026-11 cbo.gov/publication/62759
CBO's Director, Phillip Swagel, discusses his recent and upcoming speaking engagements about the agency's work, its mission, and the U.S. economy. cbo.gov/publication/62794
Testimony on Potential Costs of a National Missile Defense System cbo.gov/publication/62760
Watch David E. Mosher, CBO's Director of National Security Analysis, testify before the Senate Armed Services Committee's Subcommittee on Strategic Forces. armed-services.senate.gov/he…
Presentation by F. M. Woodward, an analyst in CBO's National Security Division, at the Defense Manpower Roundtable. cbo.gov/publication/62776
Presentation by William Swanson, an analyst in CBO's Microeconomic Studies Division, at the 2026 Inforum Outlook Conference. cbo.gov/publication/62775
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. cbo.gov/publication/62758
CBO examines the distribution of income—and of the means-tested transfers and federal taxes that affect it—from 1979 to 2023. cbo.gov/publication/62761
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
CBO announces the members of its Panel of Health Advisers for this year. cbo.gov/publication/62757
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. cbo.gov/publication/62756
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
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
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
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
CBO reports annually on programs whose authorizations of appropriations have already expired or will expire. This report updates CBO's preliminary report that was released on January 15, 2026. cbo.gov/publication/62551