[U.S. Congressional Budget Office: Federal Budget Deficit to Reach $1.9 Trillion in Fiscal Year 2026] Jin10 News, March 12 – On March 11 local time, the U.S. Congressional Budget Office released its budget and economic outlook for 2026 to 2036. According to the forecast, the federal budget deficit will reach $1.9 trillion in fiscal year 2026 and increase to $3.1 trillion by 2036. Relative to the size of the economy, the deficit will account for 5.8% of GDP in 2026 and rise to 6.7% by 2036, exceeding the 50-year average deficit level of 3.8%. The primary driver of the deficit increase is the rising cost of net interest.