AI Data Insight
The latest US government revenue YoY growth for Q3 2026 slowed to 2.61%, cooling significantly from the previous 4.57%. Although personal income taxes and social insurance receipts provided support, overall revenue growth momentum was constrained by a sharp decline in corporate tax receipts and up to $145 billion in tariff refunds. Amid the backdrop of rising medium- to long-term interest expenses and social welfare spending, fiscal deficit pressures remain severe.