U.S. deficit tops $1 trillion through February but runs below year-ago pace
Published Wed, Mar 11 20262:00 PM EDT
Jeff Cox
Key Points
--For the fiscal year to date, the U.S. budget deficit totaled $1.004 trillion, about 12% lower than the comparable period in 2025, as government revenues rose faster than spending.
--Customs duties totaled $151 billion through the first five months of the fiscal year, up about $113 billion, or 294%, from a year earlier.
--Net interest payments on the nearly $39 trillion national debt totaled $79 billion in February, more than any category except Social Security, income security and health---more at U.S. deficit tops $1 trillion through February but runs below year-ago pace
No comments:
Post a Comment