The US government recorded a $164.1 billion budget deficit in March 2026, compared with a $160.5 billion deficit a year earlier, and missing forecasts of $156.7 billion. Outlays increased to $549 billion from $528.2 billion, with most spending directed to social security at $139 billion, net interest at $94 billion, healthcare at $90 billion, and national defense at $69 billion. Receipts rose to $384.9 billion from $367.6 billion, driven by individual income taxes at $189 billion, social insurance and retirement at $152 billion, and customs duties at $22 billion. source: Financial Management Service, US Treasury

The United States recorded a government budget deficit of 164100 USD Million in March of 2026. Government Budget Value in the United States averaged -32478.90 USD Million from 1954 until 2026, reaching an all time high of 308215.00 USD Million in April of 2022 and a record low of -864074.00 USD Million in June of 2020. This page provides - United States Government Budget Value - actual values, historical data, forecast, chart, statistics, economic calendar and news. United States Government Budget - data, historical chart, forecasts and calendar of releases - was last updated on April of 2026.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-03-11 06:00 PM
Monthly Budget Statement
Feb $-308B $-95B $-75.85B $-170.0B
2026-04-10 06:00 PM
Monthly Budget Statement
Mar $-164.1B $-308B $-156.75B $-200.0B
2026-05-12 06:00 PM
Monthly Budget Statement
Apr $-164.1B

Components Last Previous Unit Reference
Fiscal Expenditure 548963.00 620623.00 USD Million Mar 2026
Government Revenues 384863.00 313122.00 USD Million Mar 2026

Related Last Previous Unit Reference
Asylum Applications 874106.00 909876.00 Persons Dec 2025
Credit Rating 97.00 Apr 2026
Government Budget -5.90 -6.30 percent of GDP Dec 2025
Monthly Budget Statement -164100.00 -30750.00 USD Million Mar 2026
Government Debt 39065421.00 38769806.00 USD Million Mar 2026
Government Debt to GDP 123.30 121.70 percent of GDP Dec 2025
Government Spending 3955.20 4015.00 USD Billion Dec 2025
Government Spending to GDP 33.80 33.90 percent of GDP Dec 2025
Holidays
Military Expenditure 997309.00 916014.70 USD Million Dec 2024


United States Government Budget
Federal Government budget balance is the difference between budget receipts (income) and budget outlays (spending). A budget surplus is expressed as a positive value. A budget deficit is expressed as a negative value.
Actual Previous Highest Lowest Dates Unit Frequency
-164100.00 -30750.00 308215.00 -864074.00 1954 - 2026 USD Million Monthly
Current Prices, NSA

News Stream
US Budget Deficit Widens in March
The US government recorded a $164.1 billion budget deficit in March 2026, compared with a $160.5 billion deficit a year earlier, and missing forecasts of $156.7 billion. Outlays increased to $549 billion from $528.2 billion, with most spending directed to social security at $139 billion, net interest at $94 billion, healthcare at $90 billion, and national defense at $69 billion. Receipts rose to $384.9 billion from $367.6 billion, driven by individual income taxes at $189 billion, social insurance and retirement at $152 billion, and customs duties at $22 billion.
2026-04-10
US Budget Gap Expands in February
The United States government recorded a $307.5 billion budget deficit in February 2026, compared with a $296.3 billion deficit in the same month a year earlier. Receipts fell 43.9% from the prior month to $313.3 billion, driven by individual income taxes ($133.4 billion), social insurance and retirement receipts ($144.4 billion), and customs duties ($26.6 billion). The monthly total reflected a normalization of tax collections following seasonal peaks and specific adjustments in corporate and miscellaneous receipts. Meanwhile, outlays fell 5.1% from the prior month to $620.8 billion, with Social Security ($138.4 billion), Health and Medicare ($155.6 billion), and national defense ($71.1 billion) the largest spending categories, while spending totals were influenced by the acceleration of certain benefit payments into February because March 1 fell on a non-business day.
2026-03-11
US Budget Gap Shrinks in January
The US government recorded a $94.6 billion budget deficit in January 2026, compared with a $128.6 billion deficit in the same month a year earlier. Receipts rose 9.1% year on year to $559.9 billion, driven by individual income taxes ($317.30 billion), social insurance and retirement receipts ($169.80 billion), and customs duties ($27.74 billion). The increase reflected seasonal and collection timing effects that supported tax and customs receipts in the month. Meanwhile, outlays rose 2.0% year on year to $654.6 billion, with Social Security ($143.55 billion), Health and Medicare ($217.09 billion), and national defense ($70.75 billion) the largest spending categories, while the timing of several payments, including Medicare and veterans’ benefits, influenced the monthly outturn.
2026-02-11