US Budget Deficit, Revenue and Spending
US monthly federal government budget revenue, expenditure, and balance, from the Treasury.
| Indicator | 08-2026 | 07-2026 | 06-2026 | 05-2026 | 04-2026 | 03-2026 | 02-2026 | 01-2026 | 12-2025 | 11-2025 | 10-2025 | 09-2025 | 08-2025 | 07-2025 | 06-2025 | 05-2025 | 04-2025 | 03-2025 | 02-2025 | 01-2025 | 12-2024 | 11-2024 | 10-2024 | 09-2024 | 08-2024 | 07-2024 | 06-2024 | 05-2024 | 04-2024 | 03-2024 | 02-2024 | 01-2024 | 12-2023 | 11-2023 | 10-2023 | 09-2023 | 08-2023 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total budget revenue | 360.03 | 334.01 | 495.76 | 335.51 | 837.34 | 384.86 | 313.12 | 560.05 | 484.38 | 336 | 404.37 | 543.66 | 344.32 | 338.49 | 526.45 | 371.23 | 850.17 | 367.65 | 296.42 | 513.29 | 454.41 | 301.75 | 326.77 | 526.99 | 306.54 | 330.38 | 466.25 | 323.65 | 776.2 | 332.08 | 271.13 | 477.32 | 429.31 | 274.83 | 403.43 | 467.47 | 283.13 | |
| Total budget expenditure | 526.83 | 766.3 | 616.07 | 628.16 | 622.32 | 548.96 | 620.62 | 654.67 | 629.14 | 509.28 | 688.7 | 345.73 | 689.11 | 629.63 | 499.44 | 686.88 | 591.77 | 528.17 | 603.44 | 641.93 | 541.15 | 668.52 | 584.22 | 446.7 | 686.62 | 574.12 | 537.22 | 670.78 | 566.67 | 568.63 | 567.4 | 499.25 | 558.66 | 588.84 | 470 | 638.19 | 193.87 | |
| Budget balance (negative = deficit) | -166.8 | -432.29 | -120.31 | -292.65 | 215.02 | -164.1 | -307.5 | -94.62 | -144.75 | -173.28 | -284.33 | 197.94 | -344.79 | -291.14 | 27.01 | -315.65 | 258.4 | -160.53 | -307.02 | -128.64 | -86.73 | -366.76 | -257.45 | 80.29 | -380.08 | -243.74 | -70.97 | -347.13 | 209.53 | -236.56 | -296.27 | -21.93 | -129.35 | -314.01 | -66.56 | -170.71 | 89.26 |
Latest reading
Budget balance (negative = deficit) stood at −166.8 USD billion in Aug 2026. That is +265.49 USD billion from Jul 2026 and +177.99 USD billion from a year earlier. The series on this page is monthly and runs from Oct 1980 to Aug 2026. Source: U.S. Department of the Treasury (Treasury FiscalData).
- Latest
- −166.8 USD billion
- Aug 2026
- vs previous period
- +265.49 USD billion
- Jul 2026
- vs a year earlier
- +177.99 USD billion
About this data
US monthly federal government budget revenue, expenditure, and balance, from the Treasury. The table covers total budget revenue, expenditure, and the resulting surplus or deficit in USD billion since 1980. Figures are unadjusted for seasonality, reflecting tax filing patterns. Published by the U.S. Department of the Treasury.
US budget deficit by year
The federal government ran a deficit of $1,775 billion in fiscal year 2025 (October 2024 – September 2025), compared with a deficit of $1,817 billion in FY2024. Fiscal-year totals below are the sum of the twelve Monthly Treasury Statements, so they can differ by a few billion dollars from the final annual figure, which includes year-end adjustments.
| Fiscal year | Revenue (USD bn) | Spending (USD bn) | Balance (USD bn, − = deficit) |
|---|---|---|---|
| FY2026 to date (Oct–Aug) | 4,845 | 6,811 | −1,966 |
| FY2025 | 5,235 | 7,010 | −1,775 |
| FY2024 | 4,918 | 6,735 | −1,817 |
| FY2023 | 4,439 | 6,135 | −1,695 |
| FY2022 | 4,896 | 6,272 | −1,375 |
| FY2021 | 4,046 | 6,822 | −2,776 |
| FY2020 | 3,420 | 6,552 | −3,132 |
| FY2019 | 3,462 | 4,447 | −984 |
| FY2018 | 3,329 | 4,108 | −779 |
| FY2017 | 3,315 | 3,981 | −666 |
| FY2016 | 3,267 | 3,852 | −586 |
| FY2015 | 3,249 | 3,688 | −439 |
| FY2014 | 3,020 | 3,504 | −483 |
Frequently asked questions
- What does the US budget deficit, revenue and spending table measure?
- It tracks total federal government budget revenue, total expenditure, and the resulting budget balance in the United States, where a negative balance indicates a deficit.
- How often is the US budget deficit table updated and how far back does it go?
- The data is published monthly by the U.S. Department of the Treasury in the Monthly Treasury Statement and historical series extend back to 1980.
- Are the US budget revenue and spending figures seasonally adjusted?
- No, these monthly figures are unadjusted for seasonality, which causes months with major corporate and individual tax filings to exhibit notable revenue spikes.
- How does the budget balance differ from the national debt in the United States?
- The budget balance measures the annual or monthly difference between government revenues and expenditures, whereas the national debt is the cumulative accumulation of past deficits.
