Budget 2026
Federal Budget2026 Analysis
Independent, comprehensive budget analysis. Sector breakdowns, audience-tailored summaries, and stakeholder intelligence — all in one place.
Budget at a GlanceFull analysis
Deficit 2026-27
$62.3B
Up from $39.3B in 2025-26
Day-to-day operating balance 2026-27
-$3.5B
+$11.2B in 2027-28, a year early
Federal debt-to-GDP 2026-27
39.9%
41.5% projected in the spring
Net cost of new measures and policy actions, 2026-27 to 2030-31
$151B
$36.1B is the Productivity Mega Deduction
Capital investments, 2025-26 to 2030-31
$403.9B
$676.4B on a cash basis
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Analysis
8 articles■
Sectors
31 articles●
For You
38 articles▲
Stakeholder Notes
48 articles◈