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The federal deficit for the first nine months of the 2026 fi

Update time  2026-07-10 08:54 Read

CCTV reporters learned on the 9th local time that according to the "June 2026 Monthly Budget Review" released by the US Congressional Budget Office, the total federal budget deficit for the first nine months of the 2026 fiscal year is about $1.4 trillion, an increase of $35 billion from the same period in the previous fiscal year. During the same period, federal revenue was $4.2 trillion, an increase of $142 billion, or 4%; Expenditure was $5.5 trillion, an increase of $178 billion, or 3%. (CCTV reporter Wu Hanying)