US budget deficit widens as tariff refunds increase
July 13, 2026 4:00 PM, EDT Shipping containers at the Port of Los Angeles in February. (Kyle Grillot/Bloomberg) key takeaways: Treasury data from July 13 showed that the US budget deficit for the first nine months of fiscal year 2026 rose 2% to $1.37 trillion, a $120 billion gap in June. The reversal followed a