CBO projects $138 trillion deficit mainly due to entitlement programs, Russ Greene notes

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CBO sees $138 trillion U.S. deficit

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Artem Shendetskii

27.06.2026

CBO projects $138 trillion deficit mainly due to entitlement programs, Russ Greene notes — CBO sees $138 trillion U.S. deficit

Russ Greene highlights that the Congressional Budget Office projects about a $138 trillion deficit for the U.S. over the next 30 years, primarily driven by Medicare, Social Security, and debt payments.

He also argues that these figures may understate America’s financial challenges, noting that maintaining global primacy with a weakened and underfunded defense base could be considered another form of national debt.

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Greene has previously discussed policy proposals for a larger payroll tax hike and an investment tax. He has also reported on ESG scores, noting that Sinopec holds a higher ESG score than Chevron, Exxon, or Valero according to S&P Global. His recent comments continue his reporting on U.S. fiscal and policy challenges.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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