diff --git a/cli/main.py b/cli/main.py
index 0a0443e..2c8bdea 100644
--- a/cli/main.py
+++ b/cli/main.py
@@ -137,7 +137,8 @@ def render_result(result: ResearchResult, console: Console) -> None:
     conf_text.append(f"Source authority: {cf.source_authority}\n")
     conf_text.append(f"Contradiction detected: {cf.contradiction_detected}\n")
     conf_text.append(f"Query specificity match: {cf.query_specificity_match:.2f}\n")
-    conf_text.append(f"Budget exhausted: {cf.budget_exhausted}\n")
+    budget_status = "spent" if cf.budget_exhausted else "under cap"
+    conf_text.append(f"Budget status: {budget_status}\n")
     conf_text.append(f"Recency: {cf.recency or 'unknown'}")
     console.print(Panel(conf_text, title="Confidence", border_style="green"))