Deficit on track for $2.1T as tariff refunds outrun collections
– The federal government paid out more tariff money in July than it collected, a reversal that has driven this year's deficit $200 billion above what budget forecasters projected six months ago.
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National story. 3 articles from 3 sources. Updated Aug 12, 2026.
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Deficit on track for $2.1T as tariff refunds outrun collections
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