2026-08-14
The Trump administration recorded its largest monthly budget deficit in five years, according to newly released Treasury Department data, underscoring the fiscal strain.
The Trump administration recorded its largest monthly budget deficit in five years, according to newly released Treasury Department data, underscoring the fiscal strain.
The United States federal budget deficit reached $432 billion in July 2026, surpassing the Treasury Department’s earlier forecast of $346 billion, according to.