US January Budget Deficit Falls to $95 Billion as Revenue Gains Outpace Spending Growth

Reuters
11:20 JST,
February 12, 2026
WASHINGTON, Feb 11 (Reuters) – The U.S. government posted a $95 billion budget deficit in January, down $34 billion or 26% from a year earlier as revenue gains including customs duties outpaced growth in outlays, the Treasury Department said on Wednesday.
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