May Closes With $293 Billion Deficit, Up to $1.246 Trillion Deficit for FY2026
June 17, 2026
June 17, 2026
WASHINGTON, June 17 -- Rep. David Schweikert, R-Arizona, chairman of the Joint Economic Committee, issued the following news on June 16, 2026:
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May Closes with $293 Billion Deficit, Up to $1.246 Trillion Deficit for FY2026
Today, the Joint Economic Committee released its Monthly Fiscal Update. In May, the federal government ran a deficit of $292.648 billion. From the beginning of this fiscal year to May 2026, deficits were $1.246 trillion. This means 2 . . .
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May Closes with $293 Billion Deficit, Up to $1.246 Trillion Deficit for FY2026
Today, the Joint Economic Committee released its Monthly Fiscal Update. In May, the federal government ran a deficit of $292.648 billion. From the beginning of this fiscal year to May 2026, deficits were $1.246 trillion. This means 2 . . .