Working paper and replication code: how much of the FY2026 U.S. federal deficit traces to the 2025 reconciliation act (P.L. 119-21). Sourced from Treasury, CBO, JCT and BEA data.

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Attributing the FY2026 Federal Deficit to the 2025 Reconciliation Act

Working paper and replication code. How much of the FY2026 U.S. federal deficit, and of its increase over FY2025, traces to the 2025 reconciliation act (P.L. 119-21)? Sources: Treasury, CBO, JCT and BEA.

Read it at https://amandoti.win/fy26-deficit.html

Contents

Path What it is
paper.md Source text of the paper
paper.pdf PDF version
model/fy26_model.py Model: recomputes every result and chart
inputs_sourced.csv Every input with its source and page or table reference
results.json Model output
charts/ Figures used in the paper

Reproduce

pip install matplotlib
python3 model/fy26_model.py

The script rewrites results.json, inputs_sourced.csv and charts/, and stops with an error if the bridge does not sum to the FY2026 deficit. Inputs are copied from the cited CBO, JCT, Treasury and BEA publications and are listed with their sources in inputs_sourced.csv.

License

Text and charts: CC BY 4.0 (https://creativecommons.org/licenses/by/4.0/). Code: MIT, see LICENSE.

Copyright 2026 ncx, amandoti.win.