U.S. Budget Deficit Narrows to $1.246 Trillion in FY 2026 YTD, Down from $1.364 Trillion Prior Year

According to U.S. Treasury Department data, the U.S. budget deficit for fiscal year 2026 to date reached $1.246 trillion, down from $1.364 trillion in the same period of the prior fiscal year.

The U.S. recorded a customs net revenue deficit of $42 million in May 2026.

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