Today news
About the same in other media
Federal Budget Deficit Narrowed in February
Reading now: 228
WASHINGTON—The federal government ran a budget deficit of $217 billion in February, a narrowing of the shortfall from the same month last year, as spending on pandemic aid slowed and a stronger economy generated additional tax revenue.
Government receipts for February rose 17% from a year earlier to $290 billion, largely driven by greater individual income and payroll-tax collections, the Treasury Department reported Thursday. The government spent $506 billion last month, a 9% decrease from the year earlier, as bolstered federal support for unemployment benefits and small businesses ended. The deficit for February of last year was $311 billion.
Read more on wsj.comAbout this in other media
Biden to announce tax on billionaires in 2023 budget plan – report theguardian.com /2 years ago
‘It is unsustainable’: soaring inflation squeezes budgets of UK dairy farmers theguardian.com /2 years ago
I’ve covered countless Tory mini-budgets. The cruelty of this one shocked even me theguardian.com /2 years ago
Show more
The website finance-news.co is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
