US Government Posts $234 Billion Deficit in February
The U.S. federal government posted a $234 billion budget deficit in February, according to data released Friday by the Treasury Department. Analysts polled by Reuters had expected a $227 billion deficit for the month. The Treasury said federal spending in February was $401 billion, up 8 percent from the same month in 2018, while receipts were $167 billion, up 7 percent compared to February 2018. The deficit for the fiscal year to date was $544 billion, compared with $391 billion in the comparable period the year earlier. When adjusted for …