The CBO forecasts the US deficit to reach USD 3.115tln in FY36, or 6.7% of GDP, averaging 6.1% from FY27 to FY36
Importance
Level 1
- Forecasts FY26 deficit to GDP ratio at 5.8%, same as FY25.
- Sees FY26 US budget deficit at USD 1.853tln vs USD 1.775tln FY25 deficit.
- Higher revenue from President Trump's tariffs to reduce deficits by USD 3tln over 10 years.
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