Deficit will be $200B more than initially anticipated: CBO projection

Filed by Dirk Danger

The fiscal year deficit for the federal government will be $200 billion more than the Congressional Budget Office (CBO) initially projected, the federal agency revealed Monday. In its monthly budget review, the CBO projected the fiscal 2026 federal deficit will be $2.1 trillion. In February, it projected the deficit would be $1.9 trillion. The change…