June Closes With $120 Billion Deficit, Up to $1.367 Trillion Deficit for FY2026
July 16, 2026
July 16, 2026
WASHINGTON, July 16 -- Rep. David Schweikert, R-Arizona, chairman of the Joint Economic Committee, issued the following news on July 14, 2026:
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June Closes with $120 Billion Deficit, Up to $1.367 Trillion Deficit for FY2026
Today, the Joint Economic Committee released its Monthly Fiscal Update. In June, the federal government ran a deficit of $120.305 billion. From the beginning of this fiscal year to June 2026, deficits were $1.367 trillion. This mean . . .
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June Closes with $120 Billion Deficit, Up to $1.367 Trillion Deficit for FY2026
Today, the Joint Economic Committee released its Monthly Fiscal Update. In June, the federal government ran a deficit of $120.305 billion. From the beginning of this fiscal year to June 2026, deficits were $1.367 trillion. This mean . . .