US Government Posts $234 Billion Deficit in February
March 22, 2019, 5:59 PM
US Government Posts $234 Billion Deficit in February
The U.S. federal government posted a $234 billion budget deficit in February, according to data released Friday by the Treasury Department.
Analysts polled by Reuters had expected a $227 billion deficit for the month.
The Treasury said federal spending in February was $401 billion, up 8 percent from the same month in 2018, while receipts were $167 billion, up 7 percent compared to February 2018.
The deficit for the fiscal year to date was $544 billion, compared with $391 billion in the comparable period the year earlier.
When adjusted for calendar effects, the deficit was $547 billion for the fiscal year to date versus $439 billion in the comparable prior period.
Previous Post
Trump Says He Did Not Know About Kushner’s WhatsApp MessagingNext PostMueller Concludes Russia Probe, Submits Report
Trump Says He Did Not Know About Kushner’s WhatsApp MessagingNext PostMueller Concludes Russia Probe, Submits ReportRelated Posts
FIRST ANNUAL AMERICAN BORDER HERO AWARDS
We invite you to join this special live event with host, John Solomon. - starting tonight at 6PM ET., and again on Friday at 6PM ET.
