Mike Milligan breaks down the Treasury's July 2026 numbers: the federal deficit hit $432.3 billion, up 48% from last year and the biggest monthly gap since March 2021. Year-to-date, the deficit has already reached $1.8 trillion with two months left in the fiscal year.
This week, the Treasury reported Wednesday that the U.S. federal budget deficit for July alone was $432.3 billion. That is up about 48% from July of 2025. It is the highest monthly deficit since— March 2021. And the fiscal year-to-date deficit is now nearly $1.8 trillion with 2 months left to go in this budget cycle. The United States budget cycle is September— is October 1st through September 30th every year. So we still have August and September to report on this deficit. Well, where did the money go?
How to evaluate AI growth stocks (Nvidia, Oracle, CoreWeave) beyond market hype
How to evaluate AI growth stocks (Nvidia, Oracle, CoreWeave) beyond market hype
