US March Federal budget deficit -161.0B vs -236.6B expected

  • March deficit data
  • Prior was -307.0B
  • Last March was -237.0B
  • Year to date FY 25 deficit at $1.307 trillion compared to $1.065 trillion a year earlier
  • March customs duties were $8.75 billion
  • Outlays $528B vs $569B prior
  • Receipts $368B vs $332B prior

There is a lot of variance in monthly budget data but that annual number tells the story.

US deficits by month

Best in 2026

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