Deficit will be $200B more than initially anticipated: CBO projection
- The fiscal year deficit for the federal government will be $200 billion more than the Congressional Budget Office (CBO) initially projected, the federal agency revealed Monday.
- In its monthly budget review, the CBO projected the fiscal 2026 federal deficit will be $2.1 trillion.
- In February, it projected the deficit would be $1.9 billion.
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- The fiscal year deficit for the federal government will be $200 billion more than the Congressional Budget Office (CBO) initially projected, the federal agency revealed Monday.
- In its monthly budget review, the CBO projected the fiscal 2026 federal deficit will be $2.1 trillion.
- In February, it projected the deficit would be $1.9 billion.
Sources: The Hill