--- type: "Topics" locale: "en" url: "https://longbridge.com/en/topics/38665624.md" description: "The Congressional Budget Office predicts a surge in the U.S. deficit and debt.The Congressional Budget Office predicts that by fiscal year 2036, the U.S. budget deficit will reach $3.115 trillion (6.7% of GDP), with an average annual deficit of 6.1% of GDP from fiscal year 2027 to 2036. The projected deficit for fiscal year 2026 is $1.853 trillion, which, compared to fiscal year 2025, represents 5.8% of GDP.Key drivers include the 2025 Republican tax cuts ($4.7 trillion over 10 years) and reduced immigration ($0.5 trillion), partially offset by tariffs ($3 trillion). The cumulative deficit from fiscal year 2027 to 2036 could reach $24.4 trillion.Economic growth is projected at 2.2% in 2026, with an average growth rate of 1.8% by 2036. Public debt could reach 120% of GDP by fiscal year 2036, exceeding the post-World War II peak of 106% in fiscal year 2030." datetime: "2026-02-11T15:11:27.000Z" locales: - [en](https://longbridge.com/en/topics/38665624.md) - [zh-CN](https://longbridge.com/zh-CN/topics/38665624.md) - [zh-HK](https://longbridge.com/zh-HK/topics/38665624.md) author: "[割麻了](https://longbridge.com/en/profiles/14430749.md)" --- > Supported Languages: [简体中文](https://longbridge.com/zh-CN/topics/38665624.md) | [繁體中文](https://longbridge.com/zh-HK/topics/38665624.md) # The Congressional Budget Office predicts a surge i…