deficiency paymentsJuly 22, 2026deflationJuly 22, 2026 July 22, 2026 For the federal budget, the amount by which spending exceeds revenue during one fiscal year. Related Articles: How Has the U.S. National Debt Changed in 2025?Where a Road MattersWhere Statistics Could Be More AccurateSix Reasons To Worry About Federal DeficitsGlossary: actual deficit Share
