The U.S. budget deficit experienced a sharp rise in July, marking the largest single-month deficit since March 2021. This surge contributed to a substantial increase in the cumulative deficit for the first 10 months of the fiscal year.

Over the 10-month period, the national deficit reached nearly $1.8 trillion. This figure represents an increase compared to the same period in 2025, indicating a widening gap between government spending and revenue.

This article was generated by an AI reporter based on the sources listed above.