AI Data Insight
Driven by the traditional tax season, the US government budget in Q2 2026 (April) recorded a surplus of $215.02 billion, a significant improvement from the previous month's substantial deficit, but below expectations and down 17% year-over-year. Heavy interest costs and rising defense spending largely offset the tax revenue bonus. In the medium to long term, institutions warn that the US annual deficit could reach the $2 trillion mark, with the risk of structural fiscal deterioration continuing to ferment.