Consensus Consensus Range Actual Previous
Balance $-156.0B $-165.0B to $-126.0B $-120.3B $-292.6B

Highlights

The Treasury budget deficit comes in at $120.3 billion in June 2026 versus the $156.0 billion deficit anticipated in the Econoday consensus expectation. The calendar-adjusted deficit is the same at $120.3 billion in June 2026.

The budget showed a surplus of $27 billion a year ago in June 2025, not adjusted for calendar differences, and a deficit of $67 billion when adjusted for calendar differences.

For the latest month, receipts are down 6 percent and outlays are up 3 percent from the year-ago month, on a calendar adjusted basis.

For the fiscal year to date, the deficit is at $1.367 trillion in the latest month versus $1.337 trillion in the same period last year, both adjusted and unadjusted for calendar differences.

For the fiscal year to date, receipts are up 4 percent and outlays are up 3 percent compared with the same period, both adjusted and unadjusted for calendar differences.

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