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US: CBO Warns of Ballooning Deficits in Latest Fiscal Report
The Congressional Budget Office (CBO) just released its latest Budget and Economic Outlook for 2026 to 2035. Rising interest costs and unchecked entitlement spending are driving federal debt to unprecedented levels. Despite revenues exceeding their historical average, the government continues to spend far more than it takes in. This reckless borrowing has real, tangible costs for Americans, including greater inflation, slower economic growth, and higher interest rates. Congress must bring entitlement spending under control, lest the US face a slow decline culminating in a sudden, severe, and painful fiscal crisis. ... (full story)
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From @byul_finance|Feb 12, 2026|4 comments$SPY $QQQ Fed official Miran suggests market misunderstands current monetary policy tightness Fed's Miran: When adjusting for statistical biases, inflation is close to target Fed's Miran: There is some slack in the labor market, leaving room for policy support Fed's Miran: The Federal Reserve poses one of the largest risks to economic growth Fed official Miran suggests natural rate of unemployment is likely 4%
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- Feb 12, 2026 6:49pm Posted byFundamental Analysis11,154
