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U.S. July deficit hits record $432 billion as interest costs surge

· Business USAJPN
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The U.S. federal budget deficit swelled to a record $432 billion in July, driven by surging debt-service costs that now exceed $3 billion a day.

Unadjusted outlays reached $766 billion for the month, while net interest on the public debt totaled $963 billion over the first ten months of fiscal 2026 — up 14 percent from the prior year. The Congressional Budget Office projects the full-year shortfall at $2.1 trillion, with the debt-to-GDP ratio standing at 122 percent. Tariff refunds totaled $33.4 billion in July following a Supreme Court ruling that struck down broad emergency duties.

Separately, Treasury Secretary Scott Bessent confirmed U.S. intervention to backstop the Japanese yen, with a photographed to-do list showing plans to purchase $5 billion to $10 billion in yen.

Story development

  1. U.S. national debt tops $40 trillion, doubling since 2017
  2. U.S. July deficit hits record $432 billion as interest costs surge

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The reporting this story is built on

finance.yahoo.com USA U.S. Treasury is paying $3 billion a day in interest on national debt, says the CBO—having spent $10 billion to prop up the currency of its top lendercna.com.tw TWN 美7月預算赤字創同期新高　2026前10月已超越2025全年finance.yahoo.com USA US July deficit tops $432 billion as outlays grow, tariff receipts stay negativefocus.de DEU Das US-Finanzministerium zahlt täglich 3 Milliarden Dollar an Zinsen für die Staatsschulden – nachdem es 10 Milliarden Dollar ausgegeben hat
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Others reporting the same event

cnbc.com USA U.S. budget deficit surged in July to highest level since March 2021telegraaf.nl NLD Amerika heeft honger naar nog meer geld, maar ziet de rentelasten snel groeienthehill.com USA Deficit will be $200B more than initially anticipated: CBO projectionansa.it ITA Il deficit federale Usa sale a 432,3 miliardi (+48%), massimi da marzo 2021 - Ultima ora - Ansa.itaftonbladet.se SWE Det växande skuldberget följer USA som ett mörkt moln

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