Under the Congressional Budget Office's (CBO) new February 2026 baseline, deficits will total $26 trillion – about 6.1% of Gross Domestic Product (GDP) – over the Fiscal Year (FY) 2026 to 2036 period...
On February 18, 2026, Chris Towner, policy director of the Committee for a Responsible Federal Budget, gave a presentation on the February 2026 Congressional Budget Office (CBO) baseline. The slides...
Updated 2/17/26: On February 14, Homeland Security funding expired, causing a partial government shutdown affecting only that department. The spending measure enacted at the start of February only...