US: Treasury reports larger than expected fiscal deficit of $228B in June – by MSalordFX UnitedStates FiscalPolicy EconomicIndicator
In the same month last year, the deficit was $88 billion. So far, during the fiscal year 2023 , the fiscal deficit has reached $1,392 billion, which is $17 billion higher than the total deficit of FY 2022. July, August, and September are typically deficit-heavy months, so the final deficit for FY 2023 will likely be larger.Information on these pages contains forward-looking statements that involve risks and uncertainties.
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