U.S. Federal Government Records USD95B Budget Deficit
January 2025's deficit stood at $129 billion by comparison.
Wall Street analysts had projected a $94.6 billion gap for the reporting period.
Income streams swelled 9% annually to reach $560 billion throughout January, while government spending climbed a modest 2% year-over-year to $655 billion.
Tariff-generated customs collections hit $30 billion during the month—a staggering 275% surge compared to January 2025, the data shows.
Across the opening four-month stretch of fiscal 2026, which launched this past October, the nation's cumulative deficit contracted 17% against the equivalent timeframe in the preceding fiscal cycle, dropping to $697 billion.
That same period last year registered an $840 billion shortfall.
Through the fiscal year's fourth month, revenue intake advanced 12% year-on-year to $1.78 trillion, even as outlays rose 2% to $2.48 trillion.
Fiscal year-to-date tariff revenues totaled $124 billion—an explosive 304% increase versus the comparable 2025 window.
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