Government Posts Biggest Monthly Deficit Ever
U.S. sets $223B deficit record
(By Stephen Dinan, The Washington Times) - The federal government posted its largest monthly deficit in history in February at $223 billion, according to preliminary numbers the Congressional Budget Office released Monday morning.
That figure tops last February’s record of $220.9 billion, and marks the 29th straight month the government has run in the red — a modern record. The last time the federal government posted even a monthly surplus was September 2008, just before the financial collapse.
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(By Stephen Dinan, The Washington Times) - The federal government posted its largest monthly deficit in history in February at $223 billion, according to preliminary numbers the Congressional Budget Office released Monday morning.
That figure tops last February’s record of $220.9 billion, and marks the 29th straight month the government has run in the red — a modern record. The last time the federal government posted even a monthly surplus was September 2008, just before the financial collapse.
- (By Ed Morrissey, Hot Air) - Great news: America sets new record for monthly deficit spending
posted by BP News Bureau | 9:45 AM
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