Russia Accuses Ukraine, Britain Of 'Terrorist Attack' On Border City

Australia's S&P/ASX 200 Index Falls 1.1% To 8647.90 Points In Early Trade

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[Congressional Budget Office: Federal Budget Deficit To Reach $1.9 Trillion In Fiscal Year 2026] On March 11, The Congressional Budget Office (CBO) Released Its Budget And Economic Projections For 2026-2036. According To The Projections, The Federal Budget Deficit Will Reach $1.9 Trillion In Fiscal Year 2026, Increasing To $3.1 Trillion By 2036. Relative To The Size Of The Economy, The Deficit Will Account For 5.8% Of GDP In 2026, Rising To 6.7% By 2036, Higher Than The Average Deficit Level Of 3.8% Over The Past 50 Years. Rising Net Interest Costs Are The Main Reason For The Increased Deficit