The US posted a $234 billion budget deficit last month, the biggest one-month deficit in history
|03/22/2019||Posted by BusinessMediaguide.Com under General World News||
- The US budget deficit hit $234 billion in the month of February, up 8.7% compared to the same month last year.
- The February budget deficit was also the highest one-month deficit on record, eclipsing the previous record set in 2012.
- The deficit is growing as the GOP tax law slows revenue intake and the bipartisan budget deal drives up spending.
The US posted a record budget deficit in the month of February, according to a new report form the Treasury Department.
The budget deficit for February came in at $234 billion, according to the Treasury, higher than the previous monthly record of $231.7 billion read more >>>