U.S. oil production is shifting from rapid expansion to a plateau near 13.6 million b/d, with growth expected to slow due to low prices and increased capital discipline. The Congressional Budget Office projects the U.S. budget deficit will rise to $1.853 trillion by 2026, influenced by tax cuts and tariffs. Cumulative deficits over the next decade are estimated at $24.4 trillion, with rising mandatory spending pressures.
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