US budget deficit remained below expectations in August

The US Treasury Department published its budget balance report for August.

Accordingly, in the eleventh month of the 2026 fiscal year, which started on October 1, 2025 and will end on September 30, the federal government's budget deficit was 167 billion dollars.

The federal government had a budget deficit of $345 billion in August last year. Thus, the budget deficit decreased by 52 percent in August compared to the same month last year.

Market expectation was that the federal government would post a budget deficit of $221 billion in August.

While the government's revenues increased by 5 percent in August compared to the same month last year, reaching 360 billion dollars, its expenditures decreased by 24 percent, falling to 527 billion dollars.

As of August, the 11th month of the 2026 fiscal year in the country, the total budget deficit of the federal government reached 1.97 trillion dollars.

The government's budget deficit was at the same level in the same period of the 2025 fiscal year.

During the said period, revenues increased by 3 percent to 4.85 trillion dollars, while expenditures increased by 2 percent to 6.81 trillion dollars.