News

US Feb monthly budget deficit $310.9 vs $305.0B expected

Monthly budget data

  • Feb 2020 was $265B
  • Fiscal year to date deficit $1047B vs $624B in 2020
  • Outlays $559B vs $423B a year ago
  • Receipts $248B vs $188B a year ago

This is worse than it looks because of changes in the timing of tax filing and refunds. That would probably add $45B.

All that said, the US is days away from another $1.9 trillion in spending so $45B is pretty much splitting hairs.

The numbers are insane.

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