The US posted a budget deficit of USD 171 billion in August of 2021, compared with a USD 200 billion gap in the same period last year and broadly in line with market expectations of USD 173 million. Receipts for the month totalled USD 268 billion while outlays were USD 439 billion. For the first eleven months of the 2021 fiscal year, the US federal deficit came in at USD 2.711 trillion, below a USD 3.007 trillion deficit the year ealier. source: Financial Management Service, US Treasury

Government Budget Value in the United States averaged -25296.83 USD Million from 1954 until 2021, reaching an all time high of 214255 USD Million in April of 2018 and a record low of -864074 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 October of 2021.

Government Budget Value in the United States is expected to be 70000.00 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the United States Government Budget is projected to trend around -10000.00 USD Million in 2022, according to our econometric models.

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United States Government Budget


Calendar GMT Actual Previous Consensus TEForecast
2021-06-10 06:00 PM May $-132B $-226B $-230B
2021-07-13 06:00 PM Jun $-174B $-132B $-194B $ -245B
2021-08-11 06:00 PM Jul $-302B $-174B $-307B $-280B
2021-09-13 06:00 PM Aug $-171B $-302B $-173B $-200B
2021-10-18 06:00 PM Sep $-171B $-120B
2021-11-10 07:00 PM Oct
2021-12-10 07:00 PM Nov


News Stream
US Budget Deficit Narrows in August
The US posted a budget deficit of USD 171 billion in August of 2021, compared with a USD 200 billion gap in the same period last year and broadly in line with market expectations of USD 173 million. Receipts for the month totalled USD 268 billion while outlays were USD 439 billion. For the first eleven months of the 2021 fiscal year, the US federal deficit came in at USD 2.711 trillion, below a USD 3.007 trillion deficit the year ealier.
2021-09-13
US Government Budget Deficit Widens Sharply
The US posted a budget deficit of USD 302 billion in July of 2021, a record for that month, and compared with a USD 62 billion gap in the same period last year and mostly in line with market expectations. Receipts for the month totaled USD 262 billion, down 54% from July 2020, while outlays were USD 564 billion, a 10% drop from the year-earlier period. For the first ten months of the 2021 fiscal year, the US federal deficit came to USD 2.540 trillion, down 10% from the year-earlier record of USD 2.807 trillion.
2021-08-11
US Budget Deficit Narrows Sharply in June
The US posted a budget deficit of USD 174 billion in June 2021, compared with a deficit of USD 864 billion in the same period last year and market expectations of a USD 194.0 billion gap. Receipts jumped 87% year-on-year to USD 449 billion due to an earlier tax deadline this year. In addition, taxes withheld from wages increased by 33% and corporate taxes rose to USD 79 billion from USD 11 billion last year, helped by the continued labor market recovery. Meanwhile, outlays dropped 44% from a year earlier to USD 623 billion, largely due to the outsized impact on the deficit a year earlier from the implementation of the Paycheck Protection Program. Fiscal year-to-date deficit narrowed to USD 2.238 trillion from USD 2.744 trillion for the first nine months of the prior fiscal year.
2021-07-13
US Fiscal Deficit Shrinks by 2 Thirds
The US posted a budget deficit of USD 132 billion in May of 2021, about a third of the May 2020 deficit of $399 billion. May has been a deficit month 66 times out of 67 fiscal years since there are usually no major corporate or individual tax due dates in this month. While the final payment of individual taxes for calendar year 2020 were shifted into May 2021, greater outlays associated with the pandemic response still resulted in a deficit this year. Outlays increased 4% from a year earlier to $596 billion in May. Still, expenses for military active duty and retirement, veterans benefits, supplemental security income, and medicare payments to health maintenance organizations and prescription drug plans accelerated into April, because May 1, 2021, the normal payment date, fell on a non-business day. Receipts rose 167% yoy to $464 billion. The year-to-date deficit widened to a record $2.064 trillion.
2021-06-10

United States Last Unit Reference Previous Highest Lowest
Government Budget Value -170635.00 USD Million Aug/21 -302050.00 214255.00 -864074.00


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.