Treasury Runs Largest Deficit in 8 Months After First Surplus in 2.5 Years

Last month, the US Treasury realized its first surplus in 2.5 years; unfortunately, the surplus was short-lived with the Treasury going in the red by $216.6B during February. Figure: 1 Monthly Federal Budget The Sankey diagram below provides a look at spending and revenue. The deficit represented 42.8% of total spending which means that revenue only […]

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