US Federal Budget Balance
The monthly gap between federal spending and tax receipts.
−$26.9bn
Matches the latest releaseNot refreshed recently, awaiting the next release
Explore the full US economy26 live indicators on one dashboard, from growth and prices to jobs, trade and public finances. Updated automatically from official sources.Federal Budget Balance
Oct 1980 to Sep 2026
Source: FRED series MTSDS133FMS · Monthly Treasury Statement, not seasonally adjusted.
US Federal Budget Balance in context
Worked out from the published series shown above.
In the US, the federal budget balance fell by $224.8bn over the year to Sep 2026, from $197.95bn in Sep 2025.
Over the past five years it has ranged from −$432.31bn in Jul 2026 to $308.22bn in Apr 2022.
How this series is defined
Everything you need to check the figure against the source.
- Source
- FRED
- Series
- MTSDS133FMS
- Frequency
- Monthly
- Unit
- $m
- Seasonal adjustment
- Not seasonally adjusted
- Latest observation
- Sep 2026
- Revision status
- Latest published estimate, subject to revision
Negative means a deficit; tax-season months (e.g. April) often show surpluses.
Data refreshed 2026-11-06. Figures are the latest published observations and can be revised.
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