AI Data Insight
US government fiscal revenue for June 2026 (Q2 2026) reached $495.76 billion, rebounding from the previous month but dropping approximately 5.8% compared to the same period last year. This was mainly driven by the Supreme Court's ruling to refund tariffs from the previous administration, leading to a net outflow in customs revenue that offset the strong growth in individual income taxes. It is expected that the wave of tax refunds will continue to pressure fiscal revenue in the short term, further widening the federal budget deficit.