Friday - August 14, 2026
July Closes With $432 Billion Deficit, Largest Monthly Deficit Since March 2021
August 14, 2026
WASHINGTON, Aug. 14 (TNSrep) -- Rep. David Schweikert, R-Arizona, chairman of the Joint Economic Committee, issued the following news on Aug. 13, 2026:

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July Closes with $432 Billion Deficit, Largest Monthly Deficit Since March 2021

Today, the Joint Economic Committee released its Monthly Fiscal Update. In July, the federal government ran a deficit of $432.308 billion, the largest monthly deficit since March 2021. From the beginning of the fiscal year . . .

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