US Budget Deficits Will Be $1 Trillion Higher Over Next Decade

August 20, 2025

Catenaa, Wednesday, August 20, 2025- US budget deficits will be nearly $1 trillion higher over the next decade than projected in January by the Congressional Budget Office, a budget watchdog said on Wednesday. The Committee for a Responsible Federal Budget’s latest forecasts show a cumulative deficit of $22.7 trillion from fiscal 2026 to 2035, compared […]