{"id": "deficit_ttm", "framework": "sixpct", "framework_title": "6 Percent Club", "title": "Deficit, trailing 12 months", "kind": "level", "direction": "tracking", "unit": "usd", "display": {"decimals": 0, "suffix": "", "format": "money_b", "signed": false}, "state": "tracking", "previous_state": "unknown", "state_changed_on": "2026-08-31", "as_of": "2026-08-31", "value": "1767678190091.280000", "value_display": "$1 768 B", "delta_value": "-177994939580.740000", "delta_display": "−$178 B", "delta_period": "1m", "threshold_hit": null, "thresholds": [], "what_moved": "Deficit, trailing 12 months fell $178 B over the month to $1 768 B.", "provenance": {"value_source": {"series": "deficit_ttm", "date": "2026-08-31", "value": "1767678190091.280000", "url": "derived:sum_window(mts_deficit_m, 12)", "snapshot": null, "fetched_at": null, "vintage": "derived"}, "transform": "sum_window(mts_deficit_m, 12)", "inputs": {"mts_deficit_m": {"series": "mts_deficit_m", "date": "2026-08-31", "value": "166796952277.380000", "url": "https://api.fiscaldata.treasury.gov/services/api/fiscal_service/v1/accounting/mts/mts_table_1?filter=record_date:eq:2026-08-31,classification_desc:eq:August", "snapshot": "sha256:48dcf84b30901357ad41d4776e50c52eef61c77b4e699a8055bd3f6f6406201f", "fetched_at": "2026-09-22T14:50:21", "vintage": "2026-09-22T145021.661856:48dcf84b3090"}}, "explainer": {"title": "The Dubious 6% Club", "date": "2026-02-22", "url": "https://www.jameslavish.com/p/the-dubious-6-club"}}, "extras": {"nearest_threshold": null, "delta_from": "2026-07-31", "stale": false}, "explainer": {"title": "The Dubious 6% Club", "date": "2026-02-22", "url": "https://www.jameslavish.com/p/the-dubious-6-club"}, "references": [], "sparkline": [{"d": "2021-09-30", "v": 2772167645528.8}, {"d": "2021-10-31", "v": 2653152475289.21}, {"d": "2021-11-30", "v": 2699221252281.33}, {"d": "2021-12-31", "v": 2576962054267.43}, {"d": "2022-01-31", "v": 2295430706558.23}, {"d": "2022-02-28", "v": 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1732481521836.74}, {"d": "2024-06-30", "v": 1570678401775.03}, {"d": "2024-07-31", "v": 1593637391718.86}, {"d": "2024-08-31", "v": 2062973369847.09}, {"d": "2024-09-30", "v": 1827728160104.57}, {"d": "2024-10-31", "v": 2018614952166.75}, {"d": "2024-11-30", "v": 2071366014247.73}, {"d": "2024-12-31", "v": 2028732218341.23}, {"d": "2025-01-31", "v": 2135442068683.7}, {"d": "2025-02-28", "v": 2146184615303.08}, {"d": "2025-03-31", "v": 2070258112852.24}, {"d": "2025-04-30", "v": 2021387470362.61}, {"d": "2025-05-31", "v": 1990260337860.4}, {"d": "2025-06-30", "v": 1897285023306.29}, {"d": "2025-07-31", "v": 1944686596296.53}, {"d": "2025-08-31", "v": 1909398082720.15}, {"d": "2025-09-30", "v": 1775711461225.73}, {"d": "2025-10-31", "v": 1802611168816.62}, {"d": "2025-11-30", "v": 1609125279525.47}, {"d": "2025-12-31", "v": 1667142896121.46}, {"d": "2026-01-31", "v": 1633117851817.18}, {"d": "2026-02-28", "v": 1633602090544.08}, {"d": "2026-03-31", "v": 1637172107862.58}, {"d": "2026-04-30", "v": 1680547916779.77}, {"d": "2026-05-31", "v": 1657192617674.07}, {"d": "2026-06-30", "v": 1804507915338.21}, {"d": "2026-07-31", "v": 1945673129672.02}, {"d": "2026-08-31", "v": 1767678190091.28}], "history_series": "deficit_ttm", "companion_history": [], "state_changes": [{"on": "2026-08-31", "from": "unknown", "to": "tracking", "value": "1767678190091.280029", "note": "Deficit, trailing 12 months fell $178 B over the month to $1 768 B."}], "state_history": [{"as_of": "2026-08-31", "state": "tracking", "value": "1767678190091.280000"}]}