13-August-2026
Economy News
 
US Budget Deficit Widens in July on Higher Outlays, Negative Tariff Receipts
13-Aug-2026

The U.S. federal budget deficit for July jumped to $432 billion, a record for the month, as higher outlays and more negative tariff revenues also brought the 2026 fiscal-year-to-date budget gap to $1.799 trillion, topping the full fiscal 2025 deficit with two months left in the fiscal year, the U.S. Treasury said on Wednesday.

News Source:- https://money.usnews.com/investing/news/articles/2026-08-12/us-july-deficit-tops-432-billion-as-outlays-grow-tariff-receipts-stay-negative