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MNI BRIEF: US Budget Deficit At $1.15T Thru Feb

USEM BriefPolicy NewsBriefStoryEM Policy NewsNorth America

MNI (WASHINGTON) - The U.S. budget deficit has grown to USD1.147 trillion in the first five months of the fiscal year, up USD318 billion or 38% from the same time last year, the Treasury Department reported Wednesday. 

The month of February saw a record deficit of USD307 billion, a 4% increase from last year's February. In February, receipts came in at record USD296 billion and outlays saw a record USD603. The interest on the public debt has amounted to USD478 fiscal year to date, up 10% compared to 2024. Receipts from custom duties at USD38 billion were up 12% compared to last year. 

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MNI (WASHINGTON) - The U.S. budget deficit has grown to USD1.147 trillion in the first five months of the fiscal year, up USD318 billion or 38% from the same time last year, the Treasury Department reported Wednesday. 

The month of February saw a record deficit of USD307 billion, a 4% increase from last year's February. In February, receipts came in at record USD296 billion and outlays saw a record USD603. The interest on the public debt has amounted to USD478 fiscal year to date, up 10% compared to 2024. Receipts from custom duties at USD38 billion were up 12% compared to last year. 

Keep reading...Show less