{"id":429463,"date":"2026-04-11T01:41:40","date_gmt":"2026-04-10T18:41:40","guid":{"rendered":"https:\/\/www.swingfish.trade\/blog\/market-news\/2026\/04\/us-march-budget-deficit-for-march-164-00-billion-versus-156-75-billion-estimate\/"},"modified":"2026-04-11T01:41:40","modified_gmt":"2026-04-10T18:41:40","slug":"us-march-budget-deficit-for-march-164-00-billion-versus-156-75-billion-estimate","status":"publish","type":"post","link":"https:\/\/www.swingfish.trade\/blog\/market-news\/us-march-budget-deficit-for-march-164-00-billion-versus-156-75-billion-estimate-429463\/","title":{"rendered":"US March Budget deficit for March -$164.00 billion versus -$156.75 billion estimate"},"content":{"rendered":"<div>\n<ul>\n<li>Prior month -$308 billion <\/li>\n<li>Federal budget deficit $164 billion versus $156.75 billion estimate. A year ago, the deficit was $161 billion<\/li>\n<\/ul>\n<p>Details:<\/p>\n<ul>\n<li>Fiscal 2026 year-to-date deficit $1.169 trillion versus $1.307 trillion in 2025. Down 11% YoY<\/li>\n<li>March Net customs receipts and $22.16 billion<\/li>\n<li>Budget outlays $549 billion versus $528 billion in March 2025<\/li>\n<li>Receipt $385 billion, record for month of March, versus $368 billion in March 2025.<\/li>\n<li>Corporate refunds up 77%<\/li>\n<li>individual refunds up 9%<\/li>\n<li>Defense spending 3% higher compared to one year ago<\/li>\n<\/ul>\n<p>Some additional looks:<\/p>\n<ul>\n<li>War-related outlays, such as for replenishing weapons \u200binventories, would come in later months.<\/li>\n<li>Customs duty \u200bcollections softened in the month following the U.S. Supreme \u200cCourt&#8217;s \u2060annulment of President Donald Trump&#8217;s broadest global tariffs imposed under an emergency law.<\/li>\n<li>Customs receipts totaled $22.2 billion in March, down from $26.6 billion in February and monthly \u200btotals in \u200bthe low $30 \u2060billion range late last year, but up from $8.2 billion in March 2025.<\/li>\n<li>After accounting for calendar-related \u2060adjustments \u200bof benefit payments, the March \u200bdeficit would have been $250 billion, up $9 billion or 4% from \u200bMarch 2025.<\/li>\n<\/ul>\n<p>This also out, Trump plans to request $98 billion in supplemental funds for Iran war and more. <\/p>\n<p>Earlier reports indicating the Pentagon has discussed a request of over $200 billion tied to war-related operations. However, President Donald Trump has not formally submitted that request to Congress, leaving uncertainty around the final size and timing. <\/p>\n<p>Earlier expectations had been closer to $50 billion, but escalating costs\u2014estimated at over $11 billion in just the first week\u2014have raised the potential price tag significantly. This may be that number.  <\/p>\n<p>The lack of a formal request keeps markets in a wait-and-see mode, particularly as fiscal implications could influence yields, risk sentiment, and the USD.<\/p>\n<p>                            This article was written by Greg Michalowski at investinglive.com.<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Prior month -$308 billion Federal budget deficit $164 billion versus $156.75 billion estimate. A year ago, the deficit was $161 billion Details: Fiscal 2026 year-to-date deficit $1.169 trillion versus $1.307 trillion in&hellip;<\/p>\n","protected":false},"author":216,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[86],"tags":[],"class_list":["post-429463","post","type-post","status-publish","format-standard","hentry","category-market-news"],"_links":{"self":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts\/429463","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/users\/216"}],"replies":[{"embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/comments?post=429463"}],"version-history":[{"count":0,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts\/429463\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/media?parent=429463"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/categories?post=429463"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/tags?post=429463"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}