ICYMI: Monthly Treasury Statement Shows Over 60 Percent Deficit Reduction

Today's Monthly Treasury Statement, which comprises data for the first six months of the fiscal year, noted that the deficit fell over 60 percent or by more than $1 trillion from the same period last year. Over the past year, the Biden-Harris Administration made vaccines, boosters, and COVID-19 treatments widely available and unleashed an unprecedented economic recovery. As a result, Americans are back to work in record numbers – even as we reduce the deficit and clean up the fiscal mess left by the prior Administration.

For the full data and report, visit here.