DOGE Failed — America's Budget Deficit Problem is Getting Worse
Summary
The U.S. budget deficit increased in July 2026, reaching the highest monthly level since 2021, due to high government spending and tariff refunds. The total deficit for the first 10 months of the fiscal year rose to $1.8 trillion, surpassing last year’s total, while the government’s past cost-cutting agency, DOGE, is criticized for overstating its savings.Key Facts
- In July 2026, the U.S. government spent $766 billion but collected only $334 billion, causing a $432 billion deficit for the month.
- The July deficit is the highest recorded for that month and the biggest since March 2021.
- The budget deficit for the first 10 months of the fiscal year 2026 is $1.8 trillion, up from $1.6 trillion the previous year.
- July is usually a deficit month because of fewer tax payments and shifted spending, including $99 billion paid early due to a nonbusiness day on August 1.
- DOGE, President Trump’s government cost-cutting agency, claimed large savings but was quietly closed last year.
- A Government Accountability Office report found that DOGE overstated savings by billions and lacked evidence for many claims.
- Florida Governor Ron DeSantis and Senator Elizabeth Warren criticized DOGE for failing to save money and blamed Congress for not making its actions official law.
- Despite DOGE’s closure, the White House says President Trump will keep working to reduce government waste and fraud.
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