| Consensus | Actual | Previous | |
| Balance | $-35.0B | $-26.9B | $-166.8B |
Highlights
The Treasury budget statement comes in close to expectations at a deficit of $26.9 billion in September versus the expected $35.0 billion for the final month of fiscal year 2026. That compares with a surplus of $197.9 billion in September 2025.
For the entire fiscal year 2026, the deficit is $1.992 trillion versus $1.775 trillion in all of fiscal 2025, up 12 percent. That reflects receipts of $5.403 trillion in fiscal 2026 versus $5.235 trillion in 2025, up 3 percent. Outlays were $7.396 trillion in 2026 versus $7.030 trillion in 2025, up 6 percent. These numbers are not adjusted for calendar differences.
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