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Cranberry Journal

Sunday, October 4, 2026

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At the close · Oct 4

Federal Budget

Tagged stories

Stacks of shipping containers from several lines at a container terminal in the Port of Los Angeles, with blue ship-to-shore cranes against a pink and blue evening sky.
The Numbers

Customs Took In $333 Billion in Fiscal 2026. Refunds Sent About $147 Billion Back Out.

The fiscal year closed on Wednesday with a record $332.6 billion of customs deposits, according to the Treasury's daily cash statement. It also closed with $157.8 billion paid out through Customs and Border Protection, against about $10.5 billion in each of the two previous years. Net of those payments, the border raised less than it did in fiscal 2025. Since May, it has paid out $17.5 billion more than it took in.

By Cory Chamberlain  

Two men walk past the stone facade of the Treasury Department building in Washington, with 'The Department of the Treasury' carved above three doors and seals mounted between them.
The Numbers

Washington Paid $709 Billion of Interest This Year, Almost as Much as It Sent the States for Medicaid

The Treasury paid $709.3 billion of interest on its securities in the fiscal year that ended on Wednesday, according to its daily cash statement, up 16 per cent from a year earlier and more than twice the level of 2022. Medicaid grants to the states came to $721.4 billion. Four years ago interest was about half of Medicaid. The average rate on the debt is still below 3.5 per cent, while new ten-year debt costs 5.3.

By Daniel Okafor