From the home page, The Federal Budget

Deficit, last 12 months

Highest since May 2025

$1,992.5 billion

Time frame
Line chart of deficit, last 12 months, Sept 2025 to Sept 2026: from $1,791.4 billion to $1,992.5 billion.Line chart of deficit, last 12 months, 2021 to 2026: from $2,772.2 billion to $1,992.5 billion.Line chart of deficit, last 12 months, 2016 to 2026: from $587.2 billion to $1,992.5 billion.Line chart of deficit, last 12 months, 2015 to 2026: from $509.6 billion to $1,992.5 billion.

Source: Treasury, Monthly Treasury Statement, Table 9; series mts_table_9.Total Outlays − Total Receipts. Data as of Sept 2026.

Method: The last 12 months, from Table 9’s fiscal-year-to-date totals: this fiscal year to date, plus the whole of last fiscal year, less last fiscal year to the same month. The deficit is outlays less receipts, each so totalled.

Deficit, last 12 months, Sept 2026: 1,992.5 + 1,775.4 − 1,775.4 = 1,992.5.

Deficit, last 12 months: every reading, newest first.
DateValue
Sept 2026$1,992.5 billion
Aug 2026$1,767.6 billion
July 2026$1,945.7 billion
June 2026$1,804.5 billion
May 2026$1,657.2 billion
April 2026$1,680.2 billion
March 2026$1,636.8 billion
Feb 2026$1,633.2 billion
Jan 2026$1,632.7 billion
Dec 2025$1,666.8 billion
Nov 2025$1,608.8 billion
Oct 2025$1,802.3 billion
Sept 2025$1,791.4 billion
Aug 2025$1,909.0 billion
July 2025$1,944.3 billion
June 2025$1,896.9 billion
May 2025$1,995.3 billion
April 2025$2,026.4 billion
March 2025$2,075.3 billion
Feb 2025$2,151.3 billion
Jan 2025$2,140.5 billion
Dec 2024$2,033.8 billion
Nov 2024$2,076.5 billion
Oct 2024$2,023.7 billion
Sept 2024$1,832.7 billion
Aug 2024$2,067.7 billion
July 2024$1,598.4 billion
June 2024$1,570.4 billion
May 2024$1,732.2 billion
April 2024$1,625.4 billion
March 2024$1,658.7 billion
Feb 2024$1,800.7 billion
Jan 2024$1,766.8 billion
Dec 2023$1,783.7 billion
Nov 2023$1,739.3 billion
Oct 2023$1,673.8 billion
Sept 2023$1,695.1 billion
Aug 2023$1,953.8 billion
July 2023$2,262.7 billion
June 2023$2,253.0 billion
May 2023$2,114.0 billion
April 2023$1,939.9 billion
March 2023$1,807.9 billion
Feb 2023$1,622.4 billion
Jan 2023$1,576.6 billion
Dec 2022$1,419.1 billion
Nov 2022$1,355.4 billion
Oct 2022$1,298.1 billion
Sept 2022$1,372.0 billion
Aug 2022$1,007.3 billion
July 2022$958.3 billion
June 2022$1,049.3 billion
May 2022$1,134.6 billion
April 2022$1,200.3 billion
March 2022$1,734.2 billion
Feb 2022$2,201.1 billion
Jan 2022$2,295.4 billion
Dec 2021$2,577.0 billion
Nov 2021$2,699.2 billion
Oct 2021$2,653.2 billion
Sept 2021$2,772.2 billion
Aug 2021$2,835.2 billion
July 2021$2,864.6 billion
June 2021$2,625.6 billion
May 2021$3,315.5 billion
April 2021$3,582.3 billion
March 2021$4,094.7 billion
Feb 2021$3,554.1 billion
Jan 2021$3,478.5 billion
Dec 2020$3,348.2 billion
Nov 2020$3,217.9 billion
Oct 2020$3,281.5 billion
Sept 2020$3,131.9 billion
Aug 2020$2,924.6 billion
July 2020$2,924.9 billion
June 2020$2,981.6 billion
May 2020$2,126.0 billion
April 2020$1,934.8 billion
March 2020$1,036.8 billion
Feb 2020$1,064.7 billion
Jan 2020$1,063.3 billion
Dec 2019$1,022.0 billion
Nov 2019$1,022.3 billion
Oct 2019$1,018.4 billion
Sept 2019$984.4 billion
Aug 2019$948.0 billion
July 2019$961.8 billion
June 2019$919.0 billion
May 2019$985.4 billion
April 2019$924.4 billion
March 2019$870.5 billion
Feb 2019$932.3 billion
Jan 2019$913.5 billion
Dec 2018$873.0 billion
Nov 2018$882.6 billion
Oct 2018$816.3 billion
Sept 2018$778.9 billion
Aug 2018$890.1 billion
July 2018$783.7 billion
June 2018$749.7 billion
May 2018$765.1 billion
April 2018$706.7 billion
March 2018$738.6 billion
Feb 2018$706.1 billion
Jan 2018$682.9 billion
Dec 2017$680.8 billion
Nov 2017$685.0 billion
Oct 2017$683.1 billion
Sept 2017$667.5 billion
Aug 2017$642.0 billion
July 2017$641.5 billion
June 2017$711.3 billion
May 2017$614.9 billion
April 2017$578.9 billion
March 2017$654.9 billion
Feb 2017$585.1 billion
Jan 2017$584.0 billion
Dec 2016$580.2 billion
Nov 2016$567.1 billion
Oct 2016$495.0 billion
Sept 2016$587.2 billion
Aug 2016$529.7 billion
July 2016$487.0 billion
June 2016$523.4 billion
May 2016$479.2 billion
April 2016$510.7 billion
March 2016$460.5 billion
Feb 2016$405.3 billion
Jan 2016$405.1 billion
Dec 2015$477.8 billion
Nov 2015$461.5 billion
Oct 2015$453.7 billion
Sept 2015$438.9 billion
Aug 2015$424.2 billion
July 2015$488.4 billion
June 2015$430.9 billion
May 2015$412.1 billion
April 2015$459.7 billion
March 2015$509.6 billion

Download CSV (every observation, $ billions). Every dataset. Data licensed CC BY 4.0.