The federal budget deficit totaled $955 billion in the first seven months of fiscal year 2026, CBO estimates. That amount is $94 billion less than the deficit recorded during the same period last fiscal year.
The Majority Leader of the House of Representatives announces bills that will be considered under suspension of the rules in that chamber. CBO estimates the effects of those bills on direct spending and revenues.
The Subcommittee on Fiscal Responsibility and Economic Growth of the Senate Committee on Finance convened a hearing at which CBO's Director testified. This document provides CBO's answers to questions submitted for the record.
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