Congressional Budget Office: 'Monthly Budget Review - May 2026'
June 09, 2026
June 09, 2026
WASHINGTON, June 9 (TNSLrpt) -- The Congressional Budget Office issued the following Monthly Budget Review for May 2026.
Here are excerpts:
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The federal budget deficit totaled $1.2 trillion in the first eight months of fiscal year 2026, the Congressional Budget Office estimates. That amount is $116 billion less than the deficit recorded during the same period last fiscal year. Revenues rose by $174 billion (or 5 percent), and outlays increased by $57 b . . .
Here are excerpts:
* * *
The federal budget deficit totaled $1.2 trillion in the first eight months of fiscal year 2026, the Congressional Budget Office estimates. That amount is $116 billion less than the deficit recorded during the same period last fiscal year. Revenues rose by $174 billion (or 5 percent), and outlays increased by $57 b . . .