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MNI BRIEF: US Deficit Up Over 200% Year-To-Date


The U.S. government deficit is up 224% in the fiscal year-to-date compared to the same month last year when adjusted for calendar effects, the Treasury Department said on Wednesday.

April saw a USD176 billion surplus even as the year-to-date deficit stands at USD925 billion, with receipts down 10% and outlays up 8% compared to last year. April's receipts were down 26% compared to last year and the monthly surplus was 43% smaller than last year's.

Source: Treasury Department

MNI Washington Bureau | +1 202-371-2121 |
MNI Washington Bureau | +1 202-371-2121 |

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