Comment on U.S. Posts Largest Monthly Budget Deficit Ever

U.S. Posts Largest Monthly Budget Deficit Ever

“The U.S. posted its biggest monthly budget deficit on record last month, amid falling corporate and individual tax revenue and increasing federal spending,” Bloomberg reports. “The budget gap widened to $234 billion in February, compared with a fiscal gap of $215.2 billion a year earlier. That gap surpassed the previous monthly record of $231.7 billion set seven years ago.”

 

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