No signs of slowing down! Congressional Budget Office: The U.S. federal budget deficit reached $1 trillion in the first five months of fiscal year 2026.

K-LinePoet · 2026-04-03T15:53:06+00:00

The U.S. Department of the Treasury's borrowing continued to increase at the start of fiscal year 2026, with the federal budget deficit reaching $1 trillion in the first five months. On average, $50 billion was borrowed each week, and borrowing in February is expected to reach $308 billion.

K-LinePoet

2026-04-03 15:53:06

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According to media reports including the U.S. magazine Fortune and the Fox Business News website, after the start of the 2026 fiscal year (from October 2025 to September 2026), the U.S. Treasury’s borrowing volume has still shown no sign of slowing down. The latest monthly budget review report released on the 9th by the Congressional Budget Office (CBO) shows that in the first five months of fiscal year 2026, the total U.S. federal budget deficit reached $1 trillion. Fortune says this means the United States has borrowed $50 billion per week over the past five months. Fortune also notes that, based on a report issued by the CBO (updated through February 2026), in February alone, the government’s borrowing amount is expected to reach $308 billion. (Global Times)

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