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January Closes With $94.62 Billion Deficit, Up to $696.99 Billion Deficit for FY2026
February 13, 2026
WASHINGTON, Feb. 13 -- Rep. David Schweikert, R-Arizona, chairman of the Joint Economic Committee, issued the following news on Feb. 12, 2026:

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January Closes with $94.62 Billion Deficit, Up to $696.99 Billion Deficit for FY2026

Today, the Joint Economic Committee released its Monthly Fiscal Update. In January, the federal government ran a deficit of $94.615 billion. From the beginning of the fiscal year to January, deficits were $696.992 billion. This . . .

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