US Treasury reported April 2026 budget surplus of $215 billion, 17% lower than April 2025’s $258 billion.
Surplus decline driven by $101 billion individual tax refunds (up 17%) and higher spending on interest, military, and customs.
Total receipts fell 2% to $837 billion while outlays rose 5% to $622 billion, widening the fiscal gap.
For FY2026’s first seven months, deficit shrank 9% to $954 billion, and net customs receipts were $22.1 billion.