CBO

Monthly Budget Review: May 2026

The federal budget deficit totaled $1.2 trillion in the first eight months of fiscal year 2026, CBO estimates. That amount is $116 billion less than the deficit recorded during the same period last fiscal year.

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S. 1898, ORBITS Act of 2025

As ordered reported by the Senate Committee on Commerce, Science, and Transportation on February 12, 2026

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