US 11-Month Budget Deficit Reaches $1.97 Trillion
According to US Treasury Department data, the budget deficit decreased by 52 percent in August to $167 billion.
According to the budget balance report published by the US Treasury Department, the federal government's budget deficit in August, the eleventh month of the 2026 fiscal year, stood at $167 billion, decreasing by 52 percent compared to the same month of the previous year.
August Budget Balance
According to the August budget balance report released by the US Treasury Department, the federal government's budget deficit stood at $167 billion.
The budget deficit, which was $345 billion in August of last year, recorded a 52 percent decrease in the same month of this year.
Market Expectations and Revenues
General market expectations pointed to a federal government budget deficit of $221 billion in August.
Government revenues increased by 5 percent in August compared to the same period of the previous year, reaching $360 billion.
Expenditures and 11-Month Total
In August, the federal government's expenditures decreased by 24 percent compared to the same month of the previous year, falling to $527 billion.
As of the 11-month period of the 2026 fiscal year in the country, the total budget deficit reached $1.97 trillion.