Economic Calendar > Calendar Details
USAJuneGovernment budget
| Latest Release | Actual Value | Forecast Value | Previous Value | Next Release Time | Release Frequency | Importance |
|---|---|---|---|---|---|---|
| 2026-07-14 | -1200US$ billion | US$ billion | -2930US$ billion | N/A | Monthly |
|
Historical Data
Actual Value
Forecast Value
1 Year
2 Years
5 Years
Start Date
to
End Date
Definition
A budget deficit can occur in a country for many reasons. Some are due to lowering tax rates or increasing government spending to stimulate economic development, while others stem from mismanagement leading to widespread tax evasion or excessive waste.
Impact on Market
Actual value > Expected value = Positive for currency
Why It Matters
A country's excessively high budget deficit is like a company accumulating too much debt; it's not necessarily a good thing for the country's long-term economic health, and it's also a long-term negative for the country's currency. The only way to resolve the budget deficit in the future is to reduce government spending or increase taxes. The U.S. Treasury Department typically releases the federal government's budget execution status for the previous month on the 17th business day of the month.
Released By
U.S. Treasury Department
