U.S. Posts Largest Monthly Budget Deficit on Record in February

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The U.S. posted its biggest monthly budget deficit on record last month, amid falling corporate and individual tax revenue and increasing federal spending.

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, according to data compiled by Bloomberg.

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About Media Bias Fact Check (2574 Articles)
MBFC News was founded by Dave Van Zandt in 2015. Dave studied Communications in college and over the years has focused on personal research in media bias and the role of media in politics. Dave is a registered Non-Affiliated voter who values evidence based reporting.

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