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U.S. budget deficit surged in July to highest level since March 2021
The United States budget deficit climbed in July to reach its highest level recorded since March 2021.
Cbo
4 trends tracked about this subject — the full history, oldest to newest below.
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CBO: US Treasury spends $3 billion daily on national debt interest
The US Treasury is now spending $3 billion every day on national debt interest as the 2026 budget deficit continues to climb.
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Bessent’s Treasury has troubling news for every taxpayer
A surge in tariff refunds has pushed the US June 2026 budget deficit to $120 billion, contributing to a national debt now exceeding the US economy.
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CBO: U.S. Treasury has borrowed $155 billion every month of this fiscal year
New federal data reveals the U.S. budget deficit has reached $1.4 trillion during the first nine months of fiscal year 2026.