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U.S. budget deficit surged in July to highest level since March 2021

Beyond the big single-month jump, the collective red ink over the 10 months of the fiscal year rose to nearly $1.8 trillion, surpassing the same period in 2025.

Published Aug 20, 2026 · 4:45 PMOriginal source: Consumer News and Business Channel17 reads
Beyond the big single-month jump, the collective red ink over the 10 months of the fiscal year rose to nearly $1.8 trillion, surpassing the same period in 2025.
ORIGINAL SOURCE

Consumer News and Business Channel

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