Deficit spikes 12 percent in first two months of fiscal year: CBO

The U.S. government deficit rose by 12 percent in the first two months of the 2020 fiscal year, hitting $342 billion, according to new estimates from the Congressional Budget Office.

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U.S. Budget Deficit Hits $984 Billion, Highest In 7 Years

The federal deficit for the 2019 budget year surged to $984.4 billion, its highest point in seven years, and is widely expected to top the $1 trillion mark in coming years.

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Deficit surpasses $1 trillion: CBO

The federal deficit surpassed $1 trillion in the first 11 months of fiscal 2019, the Congressional Budget Office (CBO) said Monday.

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Deficits to exceed $12 trillion through 2029: CBO

The federal government will rack up $12.2 trillion in deficits through 2029, according to a new projection from the nonpartisan Congressional Budget Office (CBO), an $809 billion increase from its last projection in May.

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Federal deficit to rise to $900 billion for 2019, highest since 2012: CBO

The Congressional Budget Office projected Thursday that the federal deficit would reach $896 billion for fiscal 2019, up $117 billion from the year before.

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Deficit rises $94 billion to $693 billion for first half of the year, budget office estimates

The federal budget deficit rose by $94 billion to $693 billion for the first half of fiscal 2019, the Congressional Budget Office estimated Friday in its monthly budget review.

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