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CBO: U.S. Treasury has borrowed $155 billion every month of this fiscal year

New federal budget data confirms the U.S. deficit is nearing $1.4 trillion for the first nine months of the 2026 fiscal year.

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The brief

The Congressional Budget Office reports that the federal deficit reached $1.4 trillion during the initial nine months of fiscal year 2026. This figure marks an increase of $35 billion compared to the same period in 2025.

Treasury has maintained an average monthly borrowing rate of $155 billion throughout the current fiscal year. Reports emphasize the accumulation of the deficit and the volume of Treasury borrowing sustained over the year-to-date period.

Future developments hinge on how these fiscal trajectories evolve through the remainder of the year. Coverage does not yet specify how these figures will influence forthcoming federal budget projections or legislative decisions regarding national debt levels.

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Quick answers

What is the total deficit for the first nine months of fiscal year 2026?

The deficit totaled $1.4 trillion.

How does the current deficit compare to the same period in 2025?

It is $35 billion higher than the total recorded during the same nine-month period in 2025.

What is the reported 12-month rolling deficit as of June 2026?

According to the Committee for a Responsible Federal Budget, the 12-month rolling deficit is $1.8 trillion.

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