For the fiscal year to date, the deficit totaled $1.004 trillion, about 12% lower than the comparable period in 2025.

Federal budget deficit reached $1 trillion in five months through February 2026 as tax revenue jumped $206 billion due to ...

() - The United States federal budget deficit totaled $1 trillion in the first five months of fiscal year 2026, according to the Congressional Budget Office.

Town departments, including the School Department, are likely to remain in tough financial straits in fiscal 2027. At least ...