Federal Deficit $1.2 Trillion First Half FY2026
Summary
The Congressional Budget Office reports that the federal budget deficit totaled $1.2 trillion in the first half of fiscal year 2026, $139 billion less than the deficit recorded during the same period in the prior fiscal year. The March 2026 Monthly Budget Review provides statistical fiscal data with no regulatory requirements.
What changed
The Congressional Budget Office released its March 2026 Monthly Budget Review, reporting the federal deficit totaled $1.2 trillion in the first half of fiscal year 2026, representing a $139 billion decrease from the same period in the prior fiscal year. This is a statistical fiscal report providing budget data and does not impose any regulatory requirements or compliance obligations.
Affected parties should note that this report is informational only and does not create new compliance requirements. Government agencies, financial analysts, and policymakers may use this data for budgetary planning and fiscal analysis purposes.
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Apr 8, 2026GovPing captured this document from the original source. If the source has since changed or been removed, this is the text as it existed at that time.
Monthly Budget Review: March 2026
April 8, 2026
Report
The federal budget deficit totaled $1.2 trillion in the first half of fiscal year 2026, CBO estimates. That amount is $139 billion less than the deficit recorded during the same period last fiscal year.
View Document 450.56 KB See more editions of CBO's Monthly Budget Review.
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