Fortune July 10, 2026 • 10:36

CBO: U.S. Treasury has borrowed $155 billion every month of this fiscal year - Fortune

By Eleanor Pringle

CBO: U.S. Treasury has borrowed $155 billion every month of this fiscal year - Fortune

Congressional Budget Office report: U.S. Treasury borrowed $155 billion every month of this year—and is paying $24 billion a week in interest on its debts.

Despite concerns from debt hawks, the U.S. government is continuing to borrow at pace: For the fiscal year of 2026 so far, the federal deficit has totaled just under $1.4 trillion.The first nine mont… [+3609 chars]

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