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US budget deficit, fiscal year to date

Cumulative federal deficit since the start of the fiscal year (1 October), as reported in the Monthly Treasury Statement.

Deficit, fiscal year to date

$3,741.0 billion

Data for: August 31, 2026

Previous: $3,574.2 billion (July 31, 2026)

Receipts, fiscal year to date

$10,080.1 billion

Data for: August 31, 2026

Previous: $9,720.0 billion (July 31, 2026)

Outlays, fiscal year to date

$13,821.0 billion

Data for: August 31, 2026

Previous: $13,294.2 billion (July 31, 2026)

US budget deficit, fiscal year to date — Recent historyUS budget deficit, fiscal year to date: 24 recent history, September 30, 2024 – August 31, 2026.$2,000.0 billion$2,059.7 billion – $3,790.1 billionSeptember 30, 2024August 31, 2026$3,741.0 billion
Deficit, fiscal year to date — Source: U.S. Treasury, Fiscal Data: Monthly Treasury Statement (Table 1). Update frequency: Monthly, around the eighth business day.

What it is

The deficit is the gap between what the federal government spends (outlays) and what it collects (receipts). The US fiscal year runs from 1 October to 30 September, so figures reset every October. A negative number would mean a surplus.

Why it matters

Deficits are financed by issuing Treasury securities, which adds to the national debt and to future interest costs. The monthly statement shows whether spending or revenue is driving the change.

Recent history

DateDeficit, fiscal year to dateReceipts, fiscal year to dateOutlays, fiscal year to date
August 31, 2026$3,741.0 billion$10,080.1 billion$13,821.0 billion
July 31, 2026$3,574.2 billion$9,720.0 billion$13,294.2 billion
June 30, 2026$3,141.9 billion$9,386.0 billion$12,527.9 billion
May 31, 2026$3,021.6 billion$8,890.3 billion$11,911.8 billion
April 30, 2026$2,728.9 billion$8,554.7 billion$11,283.7 billion
March 31, 2026$2,943.9 billion$7,717.4 billion$10,661.4 billion
February 28, 2026$2,779.8 billion$7,332.5 billion$10,112.4 billion
January 31, 2026$2,472.3 billion$7,019.3 billion$9,491.7 billion
December 31, 2025$2,377.7 billion$6,459.4 billion$8,837.1 billion
November 30, 2025$2,233.0 billion$5,975.0 billion$8,208.0 billion
October 31, 2025$2,059.7 billion$5,639.0 billion$7,698.7 billion
September 30, 2025$3,592.1 billion$10,152.7 billion$13,744.9 billion
August 31, 2025$3,790.1 billion$9,609.1 billion$13,399.2 billion
July 31, 2025$3,460.9 billion$9,264.7 billion$12,725.7 billion
June 30, 2025$3,169.8 billion$8,926.3 billion$12,096.0 billion
May 31, 2025$3,197.1 billion$8,399.8 billion$11,596.9 billion
April 30, 2025$2,881.1 billion$8,028.6 billion$10,909.7 billion
March 31, 2025$3,139.5 billion$7,178.4 billion$10,317.9 billion
February 28, 2025$2,979.0 billion$6,810.8 billion$9,789.8 billion
January 31, 2025$2,672.0 billion$6,514.3 billion$9,186.3 billion
December 31, 2024$2,543.3 billion$6,001.0 billion$8,544.4 billion
November 30, 2024$2,456.6 billion$5,546.6 billion$8,003.2 billion
October 31, 2024$2,089.8 billion$5,244.9 billion$7,334.7 billion
September 30, 2024$3,528.1 billion$9,358.0 billion$12,886.1 billion

How to read

Latest: $3,741.0 billion

For August 31, 2026, +$166.8 billion against the previous reading. One reading is a snapshot: the table above gives the trend.

Where it comes from

U.S. Treasury, Fiscal Data: Monthly Treasury Statement (Table 1)

Read from the official dataset, with licence and any required notice shown below. Published monthly, around the eighth business day.

Careful

Information, not advice

This is a published United States figure, not an offer and not a forecast. National figures are averages, values marked provisional get revised, and nothing here is financial advice.

What to do

Compare with the related indicators

A single rate says little on its own. The related indicators at the foot of the page put us budget deficit, fiscal year to date next to the series that move with it.

Reading the us budget deficit, fiscal year to date figure

What the latest us budget deficit, fiscal year to date reading says

The most recent value on this page is $3,741.0 billion, for August 31, 2026. Against the previous reading of $3,574.2 billion, that is +$166.8 billion — a move up. Monthly, around the eighth business day is how often U.S. Treasury, Fiscal Data: Monthly Treasury Statement (Table 1) publishes it, so a single reading is a snapshot and not a trend. The 24 observations in the table above, from September 30, 2024 onwards, are what gives the figure context.

Where the us budget deficit, fiscal year to date figure sits in its own history

Across the 24 readings loaded here, the series moved between $2,059.7 billion and $3,790.1 billion. The latest value sits inside that range, so nothing in this window is exceptional. A window this short cannot show a cycle. It shows the direction of travel and the size of the usual swing, which is enough to tell a normal move from an unusual one, and no more than that.

Who sets the us budget deficit, fiscal year to date and who it affects in United States

U.S. Treasury, Fiscal Data: Monthly Treasury Statement (Table 1) publishes the us budget deficit, fiscal year to date series, and the page links the exact dataset and its licence below. Nothing here is a second-hand copy: the figure above is read from that source and shown with the date the source gave it. People reach this page searching for "us budget deficit", and the honest answer is the published figure plus its date. A national figure is an average: your own rate, bill or salary in United States will sit above or below it.

Glossary

Basis point

One hundredth of a percentage point. Central banks and markets talk in basis points because "a 0.25 point cut" and "a 25 basis point cut" are the same thing, and the second wording leaves no room for doubt.

Basis point

Real rate

An interest rate after inflation is taken out, roughly the quoted rate minus the inflation rate. A savings account paying less than inflation has a negative real rate, which means the money loses purchasing power.

Real rate

Revision

A later correction of a published figure, as the statistics office receives more complete data. Values marked provisional or estimated are the ones most likely to change, which is why the page keeps the source flag.

Revision

National average

A figure averaged over a whole country, and therefore not a quote for you. Your own mortgage rate, salary or grocery bill depends on your region, your lender or your shop and will sit above or below the average.

National average

Year-on-year inflation

The change in a price index against the same month a year earlier. It can fall while prices are still rising, because it measures the speed of the increase, not the level of prices.

Year-on-year inflation

Yield

The annual return an investor earns by lending money through a bond, expressed as a percentage of its price. Price and yield move in opposite directions: when a bond gets cheaper, its yield rises.

Yield

See the full glossary

Update frequency: Monthly, around the eighth business day

Information only, not financial advice. Figures come from the official source shown and may be revised.

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