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The short-term funding bill the U.S. Senate passed early Saturday would provide about $843.9 billion for defense, nearly half of the about $1.7 trillion in annualized budget authority it covers, according to a new Congressional Budget.
The Committee For a Responsible Budget said the amount translates to approximately $6 billion a day and it expects the U.S. to surpass $2 trillion in borrowing in the current fiscal year despite not being in a recession.
| Keywords | congresscbous-budgetnational-debtfiscal-crisisborrowingus-economygovernment-spendingdeficittaxpayer-dollarsfinancefederal-budgeteconomicsfiscal-year-2026moneypoliticswashingtonunited-states |
'With an ever-ballooning U.S. budget, prioritizing Americans is the only option'